Acted as Sole Bookrunner on a $19.1 Million Follow-On Offering Priced Above the Market
- Mar 31, 2021
- 2 min read
NEW YORK, NY / ACCESSWIRE / April 1, 2021 / Aegis Capital Corp. acted as Sole Bookrunner on a $19.1 Million Follow-On Offering Priced Above the Market for SeaChange International, Inc. (NASDAQ:SEAC)
About SeaChange International, Inc.
SeaChange International, Inc. engages in the provision of transformative multiscreen video delivery and advertising solutions. The firm's products and services include video platform, content management, advertising, user experience and professional services, maintenance and support. The company was founded by William C. Styslinger III on July 9, 1993 and is headquartered in Waltham, MA.
About Aegis Capital Corp.
Aegis Capital Corporation ("Aegis") has been in the wealth management and investment banking business since 1984. Aegis is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis also provides research and sales and trading services to institutional investors. Aegis offers its investment representatives a conflict free service platform and is able to provide a full-range of products and services.
For more information about this offering or Investment Banking Services please email InvestmentBanking@aegiscap.com or call (212) 813-1010
This communication has been prepared by Aegis Capital Corporation for distribution to Aegis Capital Corporation's clientele. This communication is not intended for public dissemination and the recipient is prohibited from sharing this information. This communication has been prepared for institutional - accounts, as defined within FINRA Rule 4512(c), who (1) are capable of evaluating investment risks independently, both in general and with regard to all transactions and investment strategies involving a security or securities; and (2) will exercise independent judgment in evaluating the recommendations of any broker - dealer or its associated persons. This communication is not a product of Aegis Capital Corporation Research Department. Aegis Capital Corporation., Member FINRA, SIPC
SOURCE: Aegis Capital Corp.
A follow-on offering priced above market always signals confidence, but it also raises questions about timing and liquidity. I was thinking about that while splitting a group expense after a small event where we had to move money quickly between people. In the middle of settling balances, I scrolled through venmo reviews because peer-to-peer payment speed suddenly felt more relevant than capital markets theory. Large transactions may attract headlines, yet everyday trust is built on whether transfers clear smoothly and predictably. The offering article focused on investor appetite and positioning; my focus was smaller but related — confidence comes from execution, not just valuation strength.