SPY380.36-1.97 -0.52%
DIA309.45-4.53 -1.44%
IXIC13,192.35+72.96 0.56%

SeaChange International Files Shelf For Up to $200 Million in Securities

· 02/07/2021 22:10

03:03 AM EST, 02/08/2021 (MT Newswires) -- SeaChange International (SEAC) on Friday filed a registration statement covering the potential sale of up to $200 million in securities.

The securities, which may be offered from time to time, include common shares, preferred shares, warrants, rights, and units, according to a filing with the US Securities and Exchange Commission.

Net proceeds from the offering will be used for working capital and general corporate purposes, including capital expenditures, debt repayment and potential acquisitions.

Price: 1.2800, Change: +0.0900, Percent Change: +7.56