GTY Technology Holdings Announces: Execution of a Definitive Financing Agreement, Reaffirmation of 2020 Revenue Guidance, and a Review of Strategic Alternatives
GTY Technology Holdings Inc. (GTYH)
US:NASDAQ Investor Relations:
nasdaq.com/symbol/gtyhu/sec-filings
Company Research
Source: Business Wire
AUSTIN, Texas--(BUSINESS WIRE)--GTY Technology Holdings Inc. (Nasdaq: GTYH) (“GTY”), a leading vertical SaaS/Cloud solution for the public sector, announced the following:Execution of Definitive Financing Agreement The Company announced today that on February 14, 2020, it entered into a definitive credit agreement providing for a $12 million unsecured loan (the “Loan”) with funds managed by UBS O’Connor LLC. The proceeds of the Loan will be used for working capital and general corporate purposes.John Curran, CFO, stated, “This is a great opportunity to work with a top tier investment manager and we look forward to expanding our relationship with one of our key institutional investors. This financing further strengthens our balance sheet and allows us to continue to invest in our sales force as we pursue our growth strategy.”Reaffirms 2020 Full Year GuidanceThe Company reaffirmed its FY 2020 full year revenue guidance previously announced on January 14, 2020 of a range of $56 mill
Show less
Read more
Impact Snapshot
Event Time:
GTYH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GTYH alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GTYH alerts
High impacting GTY Technology Holdings Inc. news events
Weekly update
A roundup of the hottest topics