- CompoSecure (NASDAQ:CMPO) mentioned Thursday it priced a secondary providing of its Class A standard inventory to boost $45.5 million.
- The corporate mentioned promoting stockholders will supply 7,000,000 shares at $6.50 per share.
- In reference to the providing, the promoting shareholders have granted the underwriters a 30-day choice to buy an extra 1,050,000 shares.
- The corporate is not going to obtain any proceeds from the providing.
- J.P. Morgan, BofA Securities, and TD Cowen are performing as joint book-running managers for the providing and B. Riley Securities, Needham & firm, and Roth Capital Companions are performing as co-managers.
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