Offering sells 1,538,462 shares at $3.90; Craig-Hallum is the agent
By Devika Patel
Knoxville, Tenn., Nov. 27 - Mattersight Corp. said it has arranged a $6 million private placement of stock. Craig-Hallum Capital Group LLC is the agent.
The company will sell 1,538,462 common shares at $3.90 apiece. The price per share is a 17.72% discount to the Nov. 26 closing share price of $4.74.
Settlement is expected Dec. 3.
Proceeds will be used for general corporate and working capital purposes.
Chicago-based Mattersight provides enterprise analytics services with a focus on customer and employee interactions and behavior.
| Issuer: | Mattersight Corp.
|
| Issue: | Common shares
|
| Amount: | $6 million
|
| Shares: | 1,538,462
|
| Price: | $3.90
|
| Warrants: | No
|
| Agent: | Craig-Hallum Capital Group LLC
|
| Pricing date: | Nov. 27
|
| Settlement date: | Dec. 3
|
| Stock symbol: | Nasdaq: MATR
|
| Stock price: | $4.74 at close Nov. 26
|
| Market capitalization: | $79.34 million
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
