other material
confidence high
sentiment neutral
materiality 0.50
Asure Software underwriters exercise over-allotment option for 500,000 shares, netting $5.64M
ASURE SOFTWARE INC
- Underwriters purchased 500,000 additional shares of common stock at the offering price.
- Option was exercised on August 30, 2023; transaction closed on September 1, 2023.
- Net proceeds to Asure after underwriting discounts are approximately $5.64 million.
- This follows the August 16, 2023 underwriting agreement for the initial public offering.