CPI Card Group Inc. Announces Pricing of Secondary Public Offering of Common Stock
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 01 2024
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Source: Businesswire
CPI Card Group Offering: CPI Card Group Inc. announced a secondary public offering of 1,200,000 shares of common stock at $21.00 per share, with total gross proceeds expected to be approximately $25.2 million for the selling stockholders, not including any proceeds for the company itself.
Forward-Looking Statements: The press release includes forward-looking statements regarding the offering's closing and proceeds, highlighting potential risks and uncertainties that could affect actual results.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
