BTRS Holdings (BTRS) Prices 9M Share Secondary Offering at $12.25/sh
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Billtrust Announces Pricing of Public Offering of Common Stock
June 30, 2021 10:41 PM EDTLAWRENCEVILLE, N.J., June 30, 2021 (GLOBE NEWSWIRE) -- BTRS Holdings Inc. (Nasdaq: BTRS) (Billtrust), a leading provider of cloud-based software and integrated payment processing solutions that simplify and automate B2B commerce, today announced the pricing of an underwritten secondary offering of 9,000,000 shares of the Companys Class 1 common stock at a public offering price of $12.25 per share. The gross proceeds from the offering, before deducting underwriting discounts and commissions, are expected to be $110,250,000. All of the Class 1 common stock is being offered by existing shareholders and Billtrust will not receive any of the proceeds from the offering. Certain selling... More
