BTRS Holdings (BTRS) to Offer 9M Shares in Secondary Offering
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BTRS Announces Launch of Public Offering of Common Stock
June 28, 2021 5:48 PM EDTLAWRENCEVILLE, N.J., June 28, 2021 (GLOBE NEWSWIRE) -- BTRS Holdings Inc. (Nasdaq: BTRS) (BTRS), a leading provider of cloud-based software and integrated payment processing solutions that simplify and automate B2B commerce, today announced the commencement of an underwritten secondary offering of 9,000,000 shares of the Companys Class 1 common stock. All of the Class 1 common stock is being offered by existing shareholders and BTRS will not receive any of the proceeds from the offering. The selling shareholders have granted the underwriters a 30-day option to purchase an aggregate of not more than 1,350,000 additional... More
