MAK Capital to sell 867,729 Agilysys shares By Investing.com
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© Reuters.
ALPHARETTA, Ga. – Agilysys , Inc. (NASDAQ: NASDAQ:), a global provider of hospitality software solutions, today announced a public offering of 867,729 shares of its common stock by certain investment funds managed by MAK Capital. The company itself is not selling any shares and will not receive proceeds from the offering.
The shares will be offered by BTIG, LLC, the sole underwriter, in various transactions on the Nasdaq Stock Market, over-the-counter market, through negotiated transactions, or at market or negotiated prices.
The offering is based on a shelf registration statement filed with the Securities and Exchange Commission (SEC) on September 15, 2023. It will be conducted through a preliminary prospectus supplement and an accompanying base prospectus, available from the SEC website or directly from BTIG, LLC.
Agilysys specializes in software solutions and services aimed at maximizing Return on Experience (ROE) in the hospitality industry. The company’s customer base includes hotels, resorts, casinos, and various other entities across the globe, with headquarters in Alpharetta, GA.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
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© Reuters.
ALPHARETTA, Ga. – Agilysys , Inc. (NASDAQ: NASDAQ:), a global provider of hospitality software solutions, today announced a public offering of 867,729 shares of its common stock by certain investment funds managed by MAK Capital. The company itself is not selling any shares and will not receive proceeds from the offering.
The shares will be offered by BTIG, LLC, the sole underwriter, in various transactions on the Nasdaq Stock Market, over-the-counter market, through negotiated transactions, or at market or negotiated prices.
The offering is based on a shelf registration statement filed with the Securities and Exchange Commission (SEC) on September 15, 2023. It will be conducted through a preliminary prospectus supplement and an accompanying base prospectus, available from the SEC website or directly from BTIG, LLC.
Agilysys specializes in software solutions and services aimed at maximizing Return on Experience (ROE) in the hospitality industry. The company’s customer base includes hotels, resorts, casinos, and various other entities across the globe, with headquarters in Alpharetta, GA.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
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