Usio (USIO) Announces Proposed Public Offering of Common Stock
Get Alerts USIO Hot Sheet
Join SI Premium – FREE
Usio, Inc. (Nasdaq: USIO), an integrated electronic payment solutions provider, today announced that it has commenced an underwritten public offering of its common stock. All shares of common stock to be sold in the offering will be offered by Usio. Usio expects to grant to the underwriters a 45-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering to cover overallotments, if any. The offering is subject to market and other conditions, and there can be no assurances as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
Usio intends to use the net proceeds from the offering for working capital and general corporate purposes, including investments in our growth businesses and acquisitions.
Ladenburg Thalmann & Co. Inc. is acting as sole book-running manager in connection with the offering. Barrington Research Associates, Inc. is acting as co-manager in the offering.
The offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-221178) previously filed with the Securities and Exchange Commission (“SEC”) and subsequently declared effective on December 6, 2017.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Saratoga Investment Corp. launches unsecured notes offering on NYSE
- Xylem names Andrea van der Berg as CFO, effective Sept. 2026
- Nutanix and ChronoScale announce AI infrastructure partnership
Create E-mail Alert Related Categories
Corporate News, Equity OfferingsRelated Entities
Twitter, Ladenburg Thalmann Financial Services, S3, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share