Digi Int'l (DGII) Prices 3.5M Share Common Offering at $19.50/Sh

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Digi International Announces Pricing of Public Offering of Common Stock

March 4, 2021 12:06 AM EST

HOPKINS, Minn.--(BUSINESS WIRE)-- Digi International Inc. (Nasdaq: DGII) (Digi), a leading global provider of business and mission critical Internet of Things (IoT) products, services and solutions, announced today the pricing of an underwritten registered public offering of 3,500,000 shares of its common stock at a price to the public of $19.50 per share. In addition, Digi granted the underwriters a 30-day option to purchase up to an additional 525,000 shares of its common stock on the same terms and conditions. All shares of common stock sold in the offering are being sold by... More