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CPI Card Group stockholders price secondary offering of 2,337,323 shares at USD 21.5 each

PUBT·09/11/2026 11:00:30
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CPI Card Group stockholders price secondary offering of 2,337,323 shares at USD 21.5 each
  • CPI Card Group priced a registered underwritten secondary public offering of 2,337,323 common shares at USD 21.5 each.
  • Selling stockholders affiliated with Parallel49 Equity will sell the shares; CPI will not sell stock or receive proceeds.
  • Gross proceeds to the selling stockholders expected at about USD 50.3 million, excluding any overallotment option exercise.
  • Underwriters hold a 30-day option to buy up to 350,598 additional shares at the offering price, less discounts.
  • Closing expected on or about Sept. 14, 2026, subject to customary conditions.


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: 20260911479558) on September 11, 2026, and is solely responsible for the information contained therein.