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CompoSecure (CMPO) Prices 7M Share Secondary Offering at $6.50/sh

May 9, 2024 8:46 AM EDT

CompoSecure, Inc. (Nasdaq: CMPO) today announced the pricing of a secondary offering of 7,000,000 shares of its Class A common stock, par value $0.0001 per share, by certain shareholders of the Company (the “Selling Shareholders”) at a price to the public of $6.50 per share for total gross proceeds of $45,500,000 million (the “Offering”). In connection with the Offering, the Selling Shareholders have granted the underwriters a 30-day option to purchase an additional 1,050,000 shares of Class A Common Stock. CompoSecure will not receive any of the proceeds from the sale of the shares by the Selling Shareholders. The Offering is expected to close on May 13, 2024, subject to customary closing conditions.

J.P. Morgan, BofA Securities, and TD Cowen are acting as joint book-running managers for the Offering and B. Riley Securities, Needham & Company, and Roth Capital Partners are acting as co-managers for the Offering.

The Offering is being made pursuant to CompoSecure’s existing resale registration statement on Form S-1, as amended by Post-Effective Amendment No. 2 to Form S-1 on Form S-3 (including a prospectus) filed with the Securities and Exchange Commission (the “SEC”) and declared effective, a prospectus and a related prospectus supplement. Copies of the final prospectus relating to the Offering may be obtained, when available, from: by visiting the SEC’s website at www.sec.gov. Alternatively, the prospectus may be obtained from: J.P. Morgan, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by telephone: 1-866-803-9204 or by email at [email protected]; BofA Securities, c/o BofA Merrill Lynch, NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, Attention: Prospectus Department, by telephone 1-800-294-1322 or by email at [email protected]; or TD Securities (USA) LLC, 1 Vanderbilt Avenue, New York, NY 10017, by telephone at (855) 495-9846 or by email at [email protected].

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.



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