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Stock impact report

Digimarc Announces Share Sale to Altai Capital Led Investor Group

Digimarc Corporation (DMRC) 
Last digimarc corporation earnings: 10/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: digimarc.com/about/investors
Company Research Source: Business Wire
BEAVERTON, Ore.--(BUSINESS WIRE)--Digimarc Corporation (NASDAQ: DMRC), the pioneer and global leader in digital watermarking technologies, today announced that it has raised an aggregate of $32.5 million of gross proceeds through the sale of 928,571 shares of common stock in concurrent but independent transactions to new and existing investors. Altai Capital, Digimarc’s second largest shareholder, participated in the offering and acted as the registered investment advisor to certain of the other investors in the offering.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240228979729/en/“We are excited for the long-term investment opportunity made available to us and these new investors,” said Altai Capital founder, Rishi Bajaj. “Altai Capital has been an investor in Digimarc since 2021 shortly after the Company began its transformation, and we have steadily increased our investment since then. It has become clear to us tha Show less Read more
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