Lake Street Capital Markets LLC
09/11/2026 | Press release | Archived content
Transaction - CPI Card Group Inc. $57,800,000 Follow-on
Lake Street is pleased to announce that it served as co-manager for CPI Card Group, Inc. (Nasdaq: PMTS) in its underwritten secondary public offering of 2,687,921 shares of common stock by certain stockholders affiliated with Parallel49 Equity at a public offering price of $21.50 per share, including the full exercise of the underwriters 'option to purchase an additional 350,598 shares.
The offering generated approximately $57.8 million in gross proceeds to the selling stockholders, before underwriting discounts and other estimated offering expenses. CPI Card Group did not receive any proceeds from the offering.
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Lake Street Capital Markets LLC published this content on September 11, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 17, 2026 at 15:31 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]