AUSTIN, Texas, June 13, 2018 (GLOBE NEWSWIRE) -- Asure Software, Inc. (NASDAQ:ASUR), a leading global provider of human capital management (HCM) and workplace management software, today announced that it intends to offer and sell shares of its common stock in an underwritten public offering. The offering is expected to consist of shares to be offered by Asure and additional shares to be offered by iSystems Holdings, LLC, the selling stockholder. In addition, Asure is expected to grant the underwriters a 30-day option to purchase up to additional 15% of the number of shares of common stock sold by Asure in connection with the offering.
Cowen, Canaccord Genuity and Roth Capital Partners are acting as joint book-running managers for the offering. The offering is subject to market conditions.
About Asure Software, Inc.
Headquartered in Austin, Texas, Asure offers intuitive and innovative cloud-based solutions designed to help organizations of all sizes and complexities build companies of the future. Asure’s cloud platforms enable more than 100,000 clients worldwide to better manage their people and space in a mobile, digital, multi-generational, and global landscape. Asure’s offerings include a fully-integrated HCM platform, flexible benefits and compliance administration, human resources consulting, and time and labor management as well as a full suite of workspace management solutions for conference room scheduling, desk sharing programs, and real estate optimization.