International Money Express Inc. disclosed that affiliates of Stella Point Capital and certain other stockholders intend to offer 5,217,392 of the Miami-based company's common shares in an underwritten public offering.
The selling stockholders plan to grant the underwriters of the offering a 30-day option to purchase up to an additional 782,608 common shares.
Credit Suisse Securities (USA) LLC and Cowen and Co. LLC are lead book-running managers and representatives of the underwriters for the offering. BMO Capital Markets Corp. and KeyBanc Capital Markets Inc. are also book-running managers, while BTIG, Cantor Fitzgerald & Co., Craig-Hallum Capital Group, JMP Securities, Northland Securities and Piper Jaffray are co-managers for the transaction.
The selling stockholders will receive all of the proceeds from the offering, according to a news release.
