Digi Int'l (DGII) Announces Proposed Public Offering of Common Stock

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Go back to Digi Int'l (DGII) Announces Proposed Public Offering of Common Stock

Digi International Announces Proposed Public Offering of Common Stock

March 2, 2021 4:08 PM EST

HOPKINS, Minn.--(BUSINESS WIRE)-- Digi International Inc. (Nasdaq: DGII) (Digi), a leading global provider of business and mission critical Internet of Things (IoT) products, services and solutions, announced today that it intends to offer and sell shares of its common stock in an underwritten registered public offering. In addition, Digi expects to grant the underwriters a 30-day option to purchase an additional 15% of the shares of its common stock offered in the proposed offering on the same terms and conditions. All shares of common stock to be sold in the... More