other material
confidence high
sentiment neutral
materiality 0.45
CPI Card Group secondary offering of 1.38M shares by Tricor stockholders closed Oct 2
CPI Card Group Inc.
- Company entered underwriting agreement for 1,380,000 shares from Selling Stockholders (Tricor entities) with D.A. Davidson as lead underwriter.
- Company did not sell any shares; will not receive any proceeds from the offering.
- Offering closed on October 2, 2024; prospectus supplement dated September 30, 2024.
- Underwriting agreement contains customary representations, warranties, and indemnification.