Agilysys (AGYS) Prices 868K Share Secondary Offering

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Agilysys Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders

February 14, 2024 7:42 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 pricing of the previously announced underwritten secondary offering of 867,729 shares of its common stock (the Offering) by certain investment funds managed by MAK Capital, resulting in gross proceeds to the selling stockholders of $72.7 million. 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. The Offering is expected to close on February... More