CPI Card Group Files 8-K Report

TL;DR

CPI Card Group filed an 8-K on 9/30/24. Standard update.

AI Summary

On September 30, 2024, CPI Card Group Inc. filed an 8-K report detailing other events and financial statements. The filing includes information related to the company's principal executive offices located at 10368 W. Centennial Road, Littleton, CO 80127, and its telephone number (720) 681-6304.

Why It Matters

This 8-K filing provides an update on CPI Card Group Inc.'s corporate activities and financial reporting, which is important for investors to monitor the company's status.

Risk Assessment

Risk Level: low — This filing is a routine 8-K report and does not appear to contain any significant new risks or material adverse information.

Key Players & Entities

• CPI Card Group Inc. (company) — Registrant
• September 30, 2024 (date) — Date of earliest event reported
• 10368 W. Centennial Road (location) — Address of principal executive offices
• Littleton, CO (location) — City and State of principal executive offices
• 80127 (location) — Zip code of principal executive offices
• (720) 681-6304 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.001 — nge on which registered Common Stock, $0.001 par value PMTS Nasdaq Global Market

Filing Documents

• tm2425235d3_8k.htm (8-K) — 31KB
• tm2425235d3_ex1-1.htm (EX-1.1) — 205KB
• 0001104659-24-105441.txt ( ) — 462KB
• pmts-20240930.xsd (EX-101.SCH) — 3KB
• pmts-20240930_lab.xml (EX-101.LAB) — 33KB
• pmts-20240930_pre.xml (EX-101.PRE) — 22KB
• tm2425235d3_8k_htm.xml (XML) — 4KB

01 Other Events

Item 8.01 Other Events. On September 30, 2024, CPI Card Group Inc. (the "Company") entered into an underwriting agreement (the "Underwriting Agreement") by and among the Company, Tricor Pacific Capital Partners (Fund IV), Limited Partnership and Tricor Pacific Capital Partners (Fund IV) US, Limited Partnership (the "Selling Stockholders") and D.A. Davidson Co., as representative of the several underwriters named therein (the "Underwriters"), relating to the public offering (the "Offering") of an aggregate of 1,380,000 shares of common stock by the Selling Stockholders. The Underwriting Agreement contains customary representations, warranties, covenants and indemnification obligations of the Company, the Selling Stockholders and the Underwriters, as well as termination and other customary provisions. The Offering was made pursuant to the Company's automatic shelf registration statement on Form S-3 (File No. 333-259511) that was declared effective under the Securities Act of 1933, as amended, by the Securities and Exchange Commission on September 22, 2021, and a related prospectus supplement dated September 30, 2024. The Offering closed on October 2, 2024. The Company did not sell any securities in the Offering and will not receive any proceeds from the sale of the shares offered by the Selling Stockholders. The foregoing description of the Underwriting Agreement is qualified in its entirety by reference to the full text of the Underwriting Agreement, which is filed as Exhibit 1.1 to this Current Report on Form 8-K and incorporated herein by reference. The Underwriting Agreement and the above descriptions have been included to provide investors and security holders with information regarding the terms of the Underwriting Agreement. They are not intended to provide any other factual information about the Company or its subsidiaries or affiliates or equity holders. The representations, warranties and covenants contained in the Underwriting Agreement were made onl

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 1.1 Underwriting Agreement, dated September 30 , 2024, among CPI Card Group Inc., Tricor Pacific Capital Partners (Fund IV), Limited Partnership and Tricor Pacific Capital Partners (Fund IV) US, Limited Partnership and D.A. Davidson Co. as representative of the several underwriters named therein 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CPI Card Group Inc. By: /s/ Jessica Browne Jessica Browne Acting Chief Legal and Compliance Officer Date: October 2, 2024

View Full Filing

View this 8-K filing on SEC EDGAR