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CPI Card Group Inc (PMTS)

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D.A. Davidson Serves as Joint Bookrunner to CPI Card Group on Its $58 Million Follow-On Offering of Common Stock
Sep 21, 2026

D.A. Davidson Serves as Joint Bookrunner to CPI Card Group on Its $58 Million Follow-On Offering of Common Stock

D.A. Davidson & Co. acted as Joint Bookrunner for CPI Card Group Inc. (PMTS) on a $58 million secondary common shares follow-on offering. The offering involved 2,687,921 shares sold by certain stockholders affiliated with Parallel49 Equity at $21.50 per share, with CPI Card Group not receiving any proceeds. This transaction highlights D.A. Davidson's Technology Investment Banking practice's expertise in the sector.
Company relevance
100.00%
Company sentiment
Somewhat-Bullish
Overall sentiment
Somewhat-Bullish