Kaleyra Inc. (KLR) Announces Proposed 5.538M Share Common Offering

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Kaleyra, Inc. Launches Public Offering of Common Stock

June 18, 2020 8:00 AM EDT

NEW YORK, N.Y. & VIENNA, Va.--(BUSINESS WIRE)-- Kaleyra, Inc. (NYSE American: KLR) (Kaleyra or the Company) today announced that it has commenced an underwritten public offering of 5,537,974 shares of the Companys common stock, par value $0.0001 per share (the Common Stock). In addition, the Company intends to grant the underwriters of the offering an option, exercisable for up to 30 days from the date of the final prospectus relating to the offering, to purchase up to an additional 830,696 shares of Common Stock at the public offering price, less underwriting discounts. The Company intends to... More