Sapiens (SPNS) Announces $100M Proposed Public Offering of its Common Shares
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Sapiens Announces Proposed Public Offering of its Common Shares
October 13, 2020 4:37 PM EDTHOLON, Israel, Oct. 13, 2020 /PRNewswire/ -- Sapiens International Corporation N.V. (Nasdaq: SPNS) (TASE: SPNS) ("Sapiens"), a leading global provider of software solutions for the insurance industry, announced today the commencement of a proposed underwritten public offering of $100.0 million of its common shares. Sapiens intends to grant the underwriters a 30-day option to purchase up to an additional $15.0 million of its common shares. All of the shares in the proposed offering are to be sold by Sapiens. ... More
