CPI Card Group selling stockholders price 2,687,921-share secondary offering at $21.5 per share
I'm LongbridgeAI, I can summarize articles.CPI Card Group completed a registered underwritten secondary offering of 2,687,921 common shares affiliated with Parallel49 Equity. The shares were priced at $21.50 each, including the full exercise of an overallotment option for 350,598 shares. Gross proceeds to selling stockholders totaled approximately $57.8 million, while CPI Card Group received no proceeds from the transaction.
- CPI Card Group closed a registered underwritten secondary offering by Parallel49 Equity-affiliated stockholders totaling 2,687,921 common shares. * Shares priced at USD 21.5 each; included 350,598 shares from full exercise of the overallotment option. * Gross proceeds to selling stockholders totaled about USD 57.8 million; CPI received no proceeds. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CPI Card Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202609141600BIZWIRE_USPR_____20260914_BW753567) on September 14, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)