Transact Technologies (TACT) Announces Proposed Public Offering of Common Stock

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Go back to Transact Technologies (TACT) Announces Proposed Public Offering of Common Stock

TransAct Technologies Announces Proposed Public Offering of Common Stock

October 13, 2020 4:16 PM EDT

HAMDEN, Conn.--(BUSINESS WIRE)-- TransAct Technologies Incorporated (Nasdaq: TACT) (TransAct, the Company, we or our), a global leader in software-driven technology and printing solutions for high-growth markets, today announced that it intends to offer newly issued shares of its common stock in an underwritten public offering. TransAct also expects to grant to the underwriters of the offering a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the underwritten public offering on the same terms and conditions.

TransAct intends to use the net proceeds from the offering... More