Synchronoss prices USD 100 mln share offering, plans USD 100 mln share buyback, USD 120 mln notes offering

Friday 25 June 2021 | 13:12 CET | News
Update: 25 June 2021 | 13:52 CET
Synchronoss Technologies has priced an offering of USD 100 million worth of its common shares, at USD 2.60 per share. There will also be a greenshoe worth USD 5 million more. The offering will sell 38.4 million shares, and the greenshoe 3.8 million more. B Riley Securities is acting as sole book running manager for the transaction, with Northland Capital Markets as co-manager.

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[25/06/2021 13:52- Update: Gave pricing details, adjusted amounts after pricing]

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Categories: Mobile & Wireless
Companies: Synchronoss Technologies
Countries: World
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