Cardlytics Inc Completes $50M At The Market Share Offering

The latest announcement is out from Cardlytics Inc (CDLX).

Cardlytics, Inc. has successfully completed its “at the market” offering program, having issued and sold shares totaling $50.0 million. On March 18, 2024, the company offloaded 3,907,600 shares at an average price of $12.80 each, wrapping up the sales initiative in collaboration with Evercore Group L.L.C., BofA Securities, Inc., and Cantor Fitzgerald & Co. This strategic move has bolstered Cardlytics’ financial position, offering a fresh infusion of capital to the tech-savvy investment community.

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