SuperCom reports plans to sell its ordinary stock through public sale

Bookrunner Cowen raises funds for corporate purposes, working capital

By Devika Patel

Knoxville, Tenn., June 17 – SuperCom Ltd. said it will price a public offering of ordinary stock with a 30-day greenshoe option.

Cowen and Co., LLC is the bookrunner.

Proceeds will be used for general corporate purposes, including working capital.

Based in Hertzliya, Israel, SuperCom develops tracking and identification technologies for public safety used by emergency medical personnel, governments and corporations.

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