- Inspired Entertainment Inc’s INSE selling shareholder, the Landgame Trust, sold 5.4 million shares at $9.25 per share in a secondary public equity offering.
- The offer price signifies a 2.1% discount to Inspired’s Tuesday closing price of $9.45.
- Inspired will not receive any proceeds from the shares of common stock.
- The underwriters have an option to procure additional shares up to 0.81 million.
- Price action: INSE shares traded higher by 6.35% at $10.05 in the premarket session on the last check Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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