Aegis Capital Corp. acted as Sole Bookrunner on a $19.1 Million Follow-On Offering Priced Above the Market for SeaChange International, Inc. (NASDAQ: SEAC)
SeaChange International, Inc. (NASDAQ: SEAC) has successfully completed a $19.1 million follow-on offering, led by Aegis Capital Corp. as the Sole Bookrunner. The offering was priced above the current market value, indicating positive investor interest. SeaChange specializes in multiscreen video delivery and advertising solutions, providing a range of services including video platform and content management. This capital infusion aims to strengthen its product offerings and expand market reach, positioning the company favorably in the competitive video services sector.
- Successful completion of a $19.1 million follow-on offering.
- Offering priced above market, reflecting strong investor confidence.
- Capital infusion will support expansion and product development.
- None.
NEW YORK, NY / ACCESSWIRE / April 1, 2021 / Aegis Capital Corp. acted as Sole Bookrunner on a
About SeaChange International, Inc.
SeaChange International, Inc. engages in the provision of transformative multiscreen video delivery and advertising solutions. The firm's products and services include video platform, content management, advertising, user experience and professional services, maintenance and support. The company was founded by William C. Styslinger III on July 9, 1993 and is headquartered in Waltham, MA.
About Aegis Capital Corp.
Aegis Capital Corporation ("Aegis") has been in the wealth management and investment banking business since 1984. Aegis is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis also provides research and sales and trading services to institutional investors. Aegis offers its investment representatives a conflict free service platform and is able to provide a full-range of products and services.
For more information about this offering or Investment Banking Services please email InvestmentBanking@aegiscap.com or call (212) 813-1010
This communication has been prepared by Aegis Capital Corporation for distribution to Aegis Capital Corporation's clientele. This communication is not intended for public dissemination and the recipient is prohibited from sharing this information. This communication has been prepared for institutional - accounts, as defined within FINRA Rule 4512(c), who (1) are capable of evaluating investment risks independently, both in general and with regard to all transactions and investment strategies involving a security or securities; and (2) will exercise independent judgment in evaluating the recommendations of any broker - dealer or its associated persons. This communication is not a product of Aegis Capital Corporation Research Department. Aegis Capital Corporation., Member FINRA, SIPC
SOURCE: Aegis Capital Corp.
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FAQ
What is the recent financial activity of SeaChange International (SEAC)?
Who acted as Sole Bookrunner for SeaChange International's follow-on offering?
How will the funds from the offering be utilized by SeaChange International?
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Is the follow-on offering of SeaChange International a positive sign for investors?
