PMTS · Categories · Offerings
PMTS - Public offerings
CPI Card Group Inc. (PMTS) public offerings - real-time wire coverage filtered to Offerings only.
Recent Offerings for PMTS
- CPI Announces Pricing of Secondary Public Offering of Common StockCPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or the "Company"), a payments technology leader providing a comprehensive range of physical and digital payment solutions, today announced the pricing of a registered underwritten secondary public offering of 2,337,323 shares of the Company’s common stock to be sold by certain stockholders affiliated with Parallel49 Equity (the "selling stockholders"), at a public offering price of $21.50 per share. The underwriters were also granted a 30-day option to purchase up to an additional 350,598 shares of common stock from the selling stockholders at the public offering price, less the underwriting discount. The offering is expected to close on or about Sep
- CPI Announces Proposed Secondary Public Offering of Common Stock by Major StockholderCPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or the "Company"), a payments technology leader providing a comprehensive range of physical and digital payment solutions, today announced that certain stockholders affiliated with Parallel49 Equity (the "selling stockholders") have commenced an underwritten secondary public offering of 2,337,323 shares of the Company’s common stock. In addition, the selling stockholders expect to grant the underwriters a 30-day option to purchase up to an additional 350,598 shares of common stock. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the of
- CPI Card Group Inc. Reports Fourth Quarter and Full Year 2024 ResultsFourth Quarter Net Sales Increased 22% to $125 Million; Net Income Increased 148% to $7 Million; Adjusted EBITDA Increased 10% to $22 Million Full Year Net Sales Increased 8% to $481 Million; Prepaid Debit Net Sales Increased 26% and Exceeded $100 Million Outlook for 2025 Projects Mid-to-high Single-digit Net Sales and Adjusted EBITDA Growth CPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or the "Company"), a payments technology company providing a comprehensive range of payment cards and related digital solutions, today reported financial results for the fourth quarter and full year ended December 31, 2024 and provided its financial outlook for 2025. Fourth quarter net sales increased 22% to
- CPI Card Group Inc. Reports Third Quarter 2024 ResultsNet Sales Increased 18% to $125 Million and Full Year Sales Outlook Increased Growth Across Portfolio, Led by Strong Sales of Debit and Credit Cards Net Income Decreased 66% to $1 Million, Impacted by Debt Refinancing Costs; Adjusted EBITDA Increased 18% to $25 Million Full Year Adjusted EBITDA and Free Cash Flow Outlooks Increased CPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or the "Company"), a payments technology company providing a comprehensive range of payment card and digital solutions, including Software-as-a-Service-based instant issuance, today reported financial results for the third quarter ended September 30, 2024 and updated its financial outlook for 2024. Third quarter net s
- CPI Card Group Inc. Announces Pricing of Secondary Public Offering of Common StockCPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or the "Company"), a payments technology company and leading provider of credit, debit and prepaid card and digital solutions, including Software-as-a-Service (SaaS) based instant issuance, today announced the pricing of a registered underwritten secondary public offering of 1,200,000 shares of the Company's common stock to be sold by certain stockholders affiliated with Parallel49 Equity (the "selling stockholders"), at a public offering price of $21.00 per share. The underwriters were also granted a 30-day option to purchase up to an additional 180,000 shares of common stock from the selling stockholders at the public offering price, less the under
- CPI Card Group Inc. Announces Proposed Secondary Public Offering of 1,000,000 Shares of Common Stock by Majority StockholderCPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or the "Company"), a payments technology company and leading provider of credit, debit and prepaid card and digital solutions, including Software-as-a-Service (SaaS) based instant issuance, today announced that certain stockholders affiliated with Parallel49 Equity (the "selling stockholders") have commenced an underwritten secondary public offering of 1,000,000 shares of the Company's common stock. In addition, the selling stockholders expect to grant the underwriters a 30-day option to purchase up to an additional 150,000 shares of common stock. The offering is subject to market conditions, and there can be no assurance as to whether or when the of
- CPI Card Group Inc. Announces Closing of Private Offering of $285 Million of Senior Secured Notes and Entry into New $75 Million ABL RevolverCPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or the "Company") today announced the closing of the previously announced private offering by its wholly-owned subsidiary, CPI CG Inc. (the "issuer"), of $285 million aggregate principal amount of its 10.000% senior secured notes due 2029 (the "notes") and related guarantees. Concurrently with the issuance of the notes, the Company entered into a $75 million secured asset based revolving credit facility (the "ABL revolver"), which replaced its existing $75 million facility. The issuer used the net proceeds from the notes offering, together with cash on hand, to redeem all of the issuer's outstanding 8.625% senior secured notes due 2026 (the "2026 n