September
15, 2026 — B. Riley Securities,
Inc., a leading full-service investment bank, announced it served as lead
left bookrunner on a $58 million registered underwritten secondary public
offering of common stock for CPI Card Group Inc. (NASDAQ: PMTS)
("CPI" or the "Company").
CPI
Card Group Inc. is a payments
technology company serving U.S. financial institutions, processors, and
fintechs. CPI is a leader in debit and credit card production, personalization,
and instant issuance.
The
offering consisted of 2,687,921 shares of CPI Card Group common stock sold by
certain stockholders affiliated with Parallel49 Equity. The shares were sold at
a public offering price of $21.50 per share. Total gross proceeds to the
selling stockholders were approximately $57.8 million, before deducting the
underwriting discount and other estimated offering expenses.
B.
Riley Securities' deal team included Tim Monfort, Arjun Oza, Noah
Rich and Ryan Monfort. Read more about the transaction here.
About B. Riley Securities
B. Riley Securities, Inc. provides a full suite of investment banking and
capital markets services to corporations, financial sponsors, and institutional
investors across all industry verticals. Services include initial and follow-on
offerings, debt and equity-linked solutions, institutional private placements,
merger and acquisition (M&A) advisory, corporate restructuring, and
liability management. Widely recognized for its thematic proprietary equity
research, B. Riley Securities offers clients an extensive network, deep
industry expertise, and proven execution capabilities through its end-to-end
platform. For more information, visit www.brileysecurities.com and follow us on LinkedIn.