Agilysys Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders

Core Viewpoint - Agilysys, Inc. has announced a secondary offering of 867,729 shares of its common stock, resulting in gross proceeds of $72.7 million to the selling stockholders, with the offering expected to close on February 20, 2024 [1]. Group 1: Offering Details - The offering is underwritten by BTIG, LLC, and shares will be sold at market prices prevailing at the time of sale [2]. - The offering is made under an effective shelf registration statement filed with the SEC on September 15, 2023 [2]. Group 2: Company Overview - Agilysys is a global provider of hospitality software solutions aimed at maximizing Return on Experience (ROE) for its customers [4]. - The company's customer base includes various sectors such as hotels, resorts, casinos, and food service management, operating across multiple regions including the Americas, Europe, and Asia-Pacific [4].