Asure Software, Inc. Announces Pricing of Public Offering of Common Stock
The offering consists of 3,333,333 newly issued shares being sold by Asure at a public offering price of $12.00 per share.
- The offering consists of 3,333,333 newly issued shares being sold by Asure at a public offering price of $12.00 per share.
- The gross proceeds to Asure from this offering are expected to be approximately $40 million, before deducting underwriting discounts and commissions and other estimated offering expenses payable by Asure.
- Asure has granted the underwriters a 30-day over-allotment option to purchase up to an additional 500,000 shares of common stock from Asure at the same price.
- Asure intends to use the net proceeds received from the sale of its common stock for general corporate purposes.