Alkami Announces Launch of Proposed Secondary Offering of Common Stock by Selling Stockholders
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Alkami Technology, Inc. announced a secondary offering of 7.5 million shares of common stock by selling stockholders, including General Atlantic and S3 Ventures.
November 06, 2024 | 10:00 pm
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Alkami Technology, Inc. is conducting a secondary offering of 7.5 million shares by selling stockholders, which may affect the stock price due to increased supply.
The secondary offering increases the supply of Alkami's shares in the market, which can lead to a decrease in stock price as the market absorbs the additional shares. The offering is significant as it involves a large number of shares (7.5 million) and is conducted by major stockholders.
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