other material
confidence high
sentiment neutral
materiality 0.55
CompoSecure issues 3.6M shares after achieving $15 VWAP earn-out threshold
GPGI, Inc.
- Issued 3.6 million shares of Class A common stock on Dec 17, 2024.
- Threshold was a $15.00 volume-weighted average price over required period.
- Milestone was achieved on or before the third anniversary of the Dec 2021 business combination.
- Earn-out consideration relates to the original merger agreement dated Apr 19, 2021.