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-0.0165203923593185 -0.00877645844088806 -0.012447083118224 -0.024264326277749 0.000516262261228785 -0.0123902942694888 -0.00980898296334544 -0.0327361899845121
Stock impact report

Altair Engineering Inc. Announces Closing of Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares

Altair Engineering Inc. - Class A (ALTR) 
Last altair engineering inc. - class a earnings: 2/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.altair.com/overview
Company Research Source: GlobeNewswire
TROY, Mich., Nov. 06, 2017 (GLOBE NEWSWIRE) -- Altair Engineering Inc. (NASDAQ:ALTR) today announced the closing of its initial public offering and the exercise in full of the underwriters’ option to purchase an additional 1,800,000 shares of its Class A common stock. After the underwriters’ exercise of the option to purchase additional shares, Altair sold 9,865,004 shares of Class A common stock and the selling shareholders sold 3,934,996 shares at a price to the public of $13.00 per share for a total of $179,400,000 in aggregate gross proceeds. The shares are listed for trading on the NASDAQ Global Select Market under the ticker symbol “ALTR.”   J.P. Morgan Securities LLC, RBC Capital Markets, LLC and Deutsche Bank Securities Inc. acted as bookrunners for the offering. William Blair & Company, L.L.C. and Canaccord Genuity Inc. acted as co-managers for the offering. The offering was made only by means of a prospectus. A final prospectus for the offering may be obtained from J.P. Show less Read more
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