April 6, 2022 11:53 AM 27 seconds read

Digimarc To Raise $58.3M Via Secondary Share Sale At Discount; Shares Pop

by Anusuya Lahiri Benzinga Editor
Follow
Comments
  • Product digitization firm Digimarc Corp DMRC agreed to sell 2.25 million shares at $25.90 per share in a secondary offering.
  • The offer price implies a 1.6% discount to Digimarc's April 5 closing of $26.32.
  • The gross proceeds from the offering will likely be $58.3 million. 
  • Digimarc looks to use the offering proceeds for general corporate purposes.
  • The offering will likely close by April 7. 
  • Price Action: DMRC shares traded higher by 7.94% at $28.41 on the last check Wednesday.
DMRC Logo
DMRCDigimarc Corp
$11.54-0.77%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
8.79
Growth
44.45
Quality
-
Value
46.10
Price Trend
Short
Medium
Long
Overview
Market News and Data brought to you by Benzinga APIs

© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Posted In:
NewsOfferingsSmall CapMoversTechTrading IdeasBriefs

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga

© 2025 Benzinga | All Rights Reserved