Synchronoss Technologies (SNCR) to Offer $100M in Common Stock

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Go back to Synchronoss Technologies (SNCR) to Offer $100M in Common Stock

Synchronoss Technologies (SNCR) Prices 38.4M Offering at $2.6/sh

June 25, 2021 7:00 AM EDT

Synchronoss Technologies, Inc. (SNCR) (the Company or Synchronoss), a global leader and innovator in cloud, messaging and digital products and platforms, today announced the pricing of an underwritten public offering of 38,461,538 shares of its common stock at a public offering price of $2.60 per share. The gross proceeds from the offering, before deducting underwriting discounts and commissions and offering expenses payable by Synchronoss, are expected to be $100 million. In addition, Synchronoss has... More