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Stock impact report

Agilysys Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders

Agilysys, Inc. (AGYS) 
Last agilysys, inc. earnings: 1/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: agilysys.com/en/company/investor-relations
Company Research Source: Business Wire
ALPHARETTA, Ga.--(BUSINESS WIRE)--Agilysys, Inc. (NASDAQ: AGYS) (“Agilysys,” “our” or the “Company”), a leading global provider of hospitality software solutions that deliver High Return Hospitality, today announced the pricing of the previously announced underwritten secondary offering of 867,729 shares of its common stock (the “Offering”) by certain investment funds managed by MAK Capital, resulting in gross proceeds to the selling stockholders of $72.7 million. Agilysys is not selling any shares in the Offering and will not receive any proceeds from the sale of the offered shares by the selling stockholders. The Offering is expected to close on February 20, 2024, subject to customary closing conditions.BTIG, LLC is acting as the sole underwriter for the Offering. The shares will be offered from time-to-time for sale in one or more transactions on the Nasdaq Stock Market, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at Show less Read more
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