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Published on 8/18/2015 in the Prospect News PIPE Daily.

Orbcomm shareholder will price secondary offering of 3,910,433 shares

Bookrunner Raymond James assists with sale of company’s common stock

By Devika Patel

Knoxville, Tenn., Aug. 18 – Orbcomm Inc. reported that a stockholder will sell 3,910,433 common shares in a secondary sale, according to a preliminary prospectus supplement filed Tuesday with the Securities and Exchange Commission.

Raymond James is the bookrunner.

Orbcomm is a Fort Lee, N.J., satellite data communications company.


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