other material
confidence high
sentiment neutral
materiality 0.60
TransAct Technologies issues 109,875 shares at $14.50 in full exercise of over-allotment option
TRANSACT TECHNOLOGIES INC
- Issued 109,875 shares at $14.50 per share upon full exercise of underwriters' over-allotment option.
- Net proceeds from over-allotment expected to be approximately $1.5 million, bringing total offering net proceeds to $11.3 million.
- Total shares sold in the offering after over-allotment exercise: 842,375 shares.
- Legal opinion from Day Pitney LLP regarding share legality filed as exhibit 5.1.