---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-092861"
form_type: "8-K"
ticker: "ASUR"
cik: "0000884144"
company_name: "ASURE SOFTWARE INC"
filed_at: "2023-08-17T23:59:59+00:00"
generated_at: "2026-06-11T08:10:16.157076+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Asure Software prices $40M public offering of 3.33M shares at $12.00 per share

## Summary
- Offering of 3,333,333 newly issued shares at $12.00/share; gross proceeds ~$40M, net proceeds ~$37.4M after discounts.
- Underwriters granted 30-day overallotment for up to 500,000 additional shares; full exercise yields ~$43M net.
- Offering expected to close August 21, 2023; Stifel and Craig-Hallum serving as joint book-running managers.
- Net proceeds for general corporate purposes; possible use for acquisitions or repayment of Structural Capital debt.

## SEC filing metadata
- accession: 0001104659-23-092861
- form_type: 8-K
- ticker: ASUR
- cik: 0000884144
- company_name: ASURE SOFTWARE INC
- filed_at: 2023-08-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884144/000110465923092861/0001104659-23-092861-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884144/000110465923092861/tm2313392d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-092861
- JSON: https://secwatch.observer/filing/0001104659-23-092861.json
- Plain text: https://secwatch.observer/filing/0001104659-23-092861.txt

## Key facts
- Material Agreements
  ASURE SOFTWARE INC entered into Underwriting Agreement with Stifel, Nicolaus & Company, Incorporated and Craig-Hallum Capital Group LLC, as representatives of the several underwriters valued at approximately $37.4 million (effective 2023-08-16).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Stifel, Nicolaus & Company, Incorporated and Craig-Hallum Capital Group LLC, as representatives of the several underwriters
  - Value: approximately $37.4 million
  - Effective: 2023-08-16
  source text: On August 16, 2023, Asure Software, Inc. (“we,” “us” and “our” ) entered into an underwriting agreement (the “Underwriting Agreement”) with Stifel, Nicolaus & Company, Incorporated and Craig-Hallum Capital Group LLC, as representatives of the several underwriters named therein (collectively, the “Underwriters”), relating to a firm commitment offering of 3,333,333 newly issued shares of our common stock at a public offering price of $12.00 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884144/000110465923092861/0001104659-23-092861-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.