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Stock impact report

CPI Card Group Inc. Announces Pricing of Secondary Public Offering of Common Stock [Yahoo! Finance]

CPI Card Group Inc. (PMTS) 
Last cpi card group inc. earnings: 11/6 08:15 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cpicardgroup.com
Company Research Source: Yahoo! Finance
Inc. (Nasdaq: PMTS) ("CPI" or the "Company"), a payments technology company and leading provider of credit, debit and prepaid card and digital solutions, including Software-as-a-Service (SaaS) based instant issuance, today announced the pricing of a registered underwritten secondary public offering of 1,200,000 shares of the Company's common stock to be sold by certain stockholders affiliated with Parallel49 Equity (the "selling stockholders"), at a public offering price of $21.00 per share. The underwriters were also granted a 30-day option to purchase up to an additional 180,000 shares of common stock from the selling stockholders at the public offering price, less the underwriting discount. The offering is expected to close on or about October 2, 2024, subject to the satisfaction of customary closing conditions. The Company is not offering any shares of common stock in the offering and will not receive any proceeds from the sale of common stock by the selling stockholders. Total Show less Read more
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