Agilysys, Inc. (AGYS) Announces 867.73K Share Secondary Offering

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Agilysys Announces Secondary Offering of Common Stock by Selling Stockholders

February 14, 2024 4:03 PM EST

ALPHARETTA, Ga.--(BUSINESS WIRE)-- Agilysys, Inc. (NASDAQ: AGYS) (Agilysys, our or the Company), a leading global provider of hospitality software solutions that deliver High Return Hospitality, today announced the commencement of a public offering of 867,729 shares of its common stock (the Offering) by certain investment funds managed by MAK Capital. Agilysys is not selling any shares in the Offering and will not receive any proceeds from the sale of the offered shares by the selling stockholders.

BTIG, LLC is acting as the sole underwriter for the Offering. The underwriter intends to offer the shares... More