Perion Network (PERI) Announces Proposed $50M Share Follow-On Offering

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Go back to Perion Network (PERI) Announces Proposed $50M Share Follow-On Offering

Perion Network Ltd. Announces Launch of Proposed Follow-on Offering of Ordinary Shares

January 19, 2021 4:01 PM EST

TEL AVIV, Israel & NEW YORK--(BUSINESS WIRE)-- Perion Network Ltd. (NASDAQ: PERI), a global advertising technology company that delivers its Synchronized Digital Branding solution across the three main pillars of digital advertising ad search, social media and display / video / CTV advertising today announced that it has launched a proposed follow-on public offering of approximately $50 million of its ordinary shares. The ordinary shares are being offered by the Company pursuant to an effective shelf registration statement on file with the Securities and Exchange Commission (the SEC). In connection with the offering, the Company expects to... More