NetworkNewsBreaks – TransAct Technologies Incorporated (NASDAQ: TACT) Secures $10M Through Underwritten Public Offering
TransAct Technologies (NASDAQ: TACT), a global leader in software-driven technology and printing solutions for high-growth markets, has closed an underwritten public offering of 1,380,000 newly issued shares of its common stock, including 180,000 additional shares per the full exercise of the over-allotment option granted to the underwriters. According to the update, TransAct Technologies secured approximately $10 million in gross proceeds, with each of the shares sold at the public offering price of $7.10. TransAct intends to use the proceeds for working capital and general corporate purposes, which may include funding further development of its food service technology business and related…







