CPI Closes Secondary Offering of Common Stock by Selling Stockholders; Underwriters Fully Exercise Overallotment Option
DENVER--(BUSINESS WIRE)--CPI 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 closing of the previously announced registered underwritten secondary public offering of shares of the Company’s common stock by certain stockholders affiliated with Parallel49 Equity (the “selling stockholders”). The aggregate size of the offering was 2,687,921 shares of the Company’s co