Digimarc Announces Share Sale to Altai Capital Led Investor Group
DMRCDigimarc(DMRC) Businesswire·2024-02-29 05:05

BEAVERTON, Ore.--(BUSINESS WIRE)--Digimarc Corporation (NASDAQ: DMRC), the pioneer and global leader in digital watermarking technologies, today announced that it has raised an aggregate of $32.5 million of gross proceeds through the sale of 928,571 shares of common stock in concurrent but independent transactions to new and existing investors. Altai Capital, Digimarc’s second largest shareholder, participated in the offering and acted as the registered investment advisor to certain of the other investors i ...