Asure Software closes $40M public offering of 3.33M shares at $12.00

ASURE SOFTWARE INC

Closed underwritten public offering of 3,333,333 newly issued shares at $12.00 per share.
Gross proceeds ~$40M; net proceeds ~$37.4M after underwriting discounts and expenses.
Intends to use net proceeds for general corporate purposes, potential acquisitions, or debt repayment.
Stifel and Craig-Hallum acted as joint book-running managers for the offering.
Shares trade on Nasdaq under ticker ASUR.

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