Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
SPS Commerce (SPSC) has shared an announcement.
On July 31, 2024, SPS Commerce, Inc. completed the acquisition of SupplyPike, Inc. for roughly $206 million, combining cash and stock payments. As part of the deal, accredited investor stockholders from SupplyPike were given over 400,000 shares in SPS Commerce. The transaction, facilitated through a Registration Rights and Lock-Up Agreement, was exempt from typical security registration requirements. The following day, the company publicly announced the acquisition.
For detailed information about SPSC stock, go to TipRanks’ Stock Analysis page.
