other material
confidence high
sentiment neutral
materiality 0.60
CPI Card Group secondary offering of 2.7M shares by Tricor Pacific; company gets no proceeds
CPI Card Group Inc.
- Tricor Pacific funds sold 2,337,323 shares; underwriters exercised full 350,598-share option on Sept 11, 2026.
- Offering closed Sept 14, 2026 under shelf S-3 (No. 333-259511); B. Riley Securities led as underwriter.
- Company did not sell any securities and will not receive any proceeds from the Selling Stockholders' sale.
- Underwriters' option, exercisable for 30 days, was fully exercised, bringing total shares sold to 2,687,921.