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CPI Card Group starts underwritten secondary offering of 2,337,323 shares

CPI Card Group said affiliated selling stockholders have commenced an underwritten secondary public offering of 2,337,323 common shares. The underwriters are expected to receive a 30-day option for up to 350,598 additional shares.

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08:36:30 PM UTC
SquawkNews
CPI Card Group shares are trading lower after the company announced a proposed secondary public offering of 2,337,323 shares.

This is a real-time flash headline. A verified provider body is not available, so SquawkNews does not present it as a full article.