CompoSecure (CMPO) Launches 7M Share Secondary Offering

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Go back to CompoSecure (CMPO) Launches 7M Share Secondary Offering

CompoSecure Announces Launch of Secondary Offering of Shares of Class A Common Stock by Selling Shareholders

May 8, 2024 4:25 PM EDT

SOMERSET, N.J., May 08, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (CompoSecure or the Company) (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced the commencement of an underwritten public offering (the Offering) of 7,000,000 shares of the Companys Class A common stock, par value $0.0001 per share (the Class A Common Stock), by certain shareholders of the Company (the Selling Shareholders). In connection with the Offering, the Selling Shareholders expect to grant the underwriters a 30-day option to purchase an additional 1,050,000 shares of Class A Common Stock. CompoSecure is not offering... More