Asure Software (NASDAQ: ASUR) has successfully completed an underwritten public offering of 2,185,000 shares of its common stock at the public offering price of $13.50 per share, which includes the sale of 285,000 additional shares pursuant to the full exercise of the over-allotment option granted to the underwriters. ROTH Capital Partners acted as the sole book-running manager for the offering. Gross proceeds for Asure totaled $29.5 million, which the company plans to use toward general corporate purposes and to potentially acquire or invest in complementary businesses, assets or technologies. The company has not entered into any definitive agreement with respect to any specific acquisition to date.
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About Asure Software, Inc.
Headquartered in Austin, Texas, with regional headquarters in London, England, Asure offers intuitive and innovative technologies that enable companies of all sizes and complexities to operate more efficiently. The company offers a high-performing work environment by integrating its “keep it simple” solutions and expertise to more than 7,000 clients worldwide. Asure Software’s suite of solutions range from HCM workforce management solutions, time and attendance to workspace asset optimization and meeting room management solutions. For more information, visit http://www.asuresoftware.com.
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