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0.19746835443038 0.19746835443038 0.19746835443038 0.192405063291139 0.291139240506329 0.215189873417721 0.222784810126582 0.253164556962025
Stock impact report

Iteris Announces Launch of Public Offering of Common Stock

Iteris, Inc. (ITI) 
NASDAQ:AMEX Investor Relations: iterisinc.gcs-web.com/investor-relations
Company Research Source: Business Wire
SANTA ANA, Calif.--(BUSINESS WIRE)-- Iteris, Inc. (NASDAQ: ITI), the global leader in applied informatics for transportation and agriculture, today announced the launch of an underwritten registered public offering of shares of its common stock. Iteris expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock sold in the proposed offering. All shares of common stock to be sold in the proposed offering will be offered by Iteris. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Iteris intends to use the net proceeds from the offering to fund the cash purchase price for a planned acquisition and for general corporate purposes, including possible additional future acquisitions. B. Riley Show less Read more
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