Alkami Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders
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Alkami Technology, Inc. announced the pricing of a secondary offering of 7.5 million shares of common stock by selling stockholders, including General Atlantic and S3 Ventures.
November 07, 2024 | 3:15 am
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Alkami Technology has announced the pricing of a secondary offering of 7.5 million shares by existing 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 due to dilution concerns. 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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