Descartes Systems Group (DSGX) Prices 6M Share Offering at $35.50/Sh

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Go back to Descartes Systems Group (DSGX) Prices 6M Share Offering at $35.50/Sh

Descartes Announces Pricing of Public Offering

June 5, 2019 11:01 PM EDT

WATERLOO, Ontario, June 05, 2019 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. ("Descartes") (TSX: DSG) (Nasdaq: DSGX), the global leader in uniting logistics-intensive businesses in commerce, today announced the pricing of its public offering of common shares in the United States and Canada. Descartes will offer 6,000,000 common shares at a price of US$35.50 per common share, for gross proceeds of US$213,000,000. The underwriters also have the option to purchase up to 900,000 additional common shares on the same terms and conditions, to cover their... More