Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
06.14.18
A team of Pillsbury lawyers is advising Cowen Group, Canaccord Genuity and Roth Capital Partners, as joint book-running managers, on a $44 million public offering of common stock by Asure Software Inc. The offering priced earlier today at $17.50 per share and is expected to close on June 18, subject to customary closing conditions.
The offering consists of 2,000,000 shares sold by Asure Software and 500,000 shares sold by selling stockholder iSystems Holdings, LLC. The representatives have also been granted a 30-day option to purchase up to 375,000 shares of common stock. Net proceeds received by Asure Software from the offering will be used for general corporate purposes.
Headquartered in Austin, Texas, Asure’s cloud-based platform enables more than 100,000 clients worldwide to better manage their people and space. The company offers a fully-integrated human capital management platform, flexible benefits and compliance administration, human resources consulting, and time and labor management as well as a full suite of workspace management solutions.
Read more about the transaction here.
The Pillsbury team advising the underwriters on this transaction was led by New York Corporate & Securities partner Jonathan Russo and included counsel Matthew Kane and associates Lexi Calcado and Julia de la Parra.