The company has granted the underwriters a 30-day option to purchase up to an additional 645,000 shares of common stock to cover over-allotments, if any.
Keefe, Bruyette & Woods and Morgan Stanley acted as joint bookrunning managers, and Sterne Agee & Leach, Stifel Nicolaus & Company and Fig Partners served as co-managers.
The company intends to use the proceeds of the offering for general corporate purposes, which may include financing acquisition opportunities and other expansion efforts.
A service of YellowBrix, Inc.