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0.00703234880450068 0.0864978902953587 0.0140646976090014 0.0253164556962025 0.0365682137834036 0.0583684950773558 0.070323488045007 0.0970464135021098
Stock impact report

CPI Card Group Inc. Announces Investments by its Chairman and Tricor Pacific Capital

CPI Card Group Inc. (PMTS) 
Last cpi card group inc. earnings: 11/6 08:15 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cpicardgroup.com
Company Research Source: Business Wire
LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payments technology company and leading provider of payment cards and related digital solutions, today announced that Tricor Pacific Capital Inc. (the “Tricor Family Office”) has purchased 1.9 million shares of CPI common stock and H. Sanford (Sandy) Riley, Chairman of the Board of CPI, has purchased 0.2 million shares of CPI common stock from the Company’s significant stockholder, Parallel49 Equity, ULC (“Parallel49”), in privately negotiated transactions.Following these transactions, Parallel49’s ownership position in CPI common stock has been reduced from 4.8 million shares (approximately 42% of shares outstanding) to 2.7 million shares (approximately 24% of shares outstanding). Parallel49 originally invested in CPI in 2007 and retained ownership of nearly 60% of outstanding shares following CPI’s IPO in 2015.The Tricor Family Office has been an indirect investor in CPI for nearly Show less Read more
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