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Our lawyers provide innovative and practical counsel on a wide variety of capital raising and securities law compliance matters. We represent clients ranging from emerging private companies to established public companies. With each, we build long-term relationships, generating efficiencies and helping them realize their business goals.

CPI Card Group Closes IPO

CPI Card Group Inc., a leading provider of comprehensive financial payment card solutions in North America, closed its initial public offering of 17,250,000 shares of common stock at an initial offering price of $10 per share, for gross proceeds of $172.5 million. The shares of common stock are listed on NASDAQ under the ticker symbol "PMTS" and on the TSX under the ticker symbol "PNT."

Paul, Weiss represented the underwriters on the offering, led by BMO Capital Markets, Goldman Sachs & Co. and CIBC World Markets as representatives of the several underwriters.

The Paul, Weiss team included corporate partner Christopher Cummings; intellectual property partner Chuck Googe; employee benefits partner Lawrence Witdorchic; tax partner David Mayo; and environmental counsel William O'Brien.

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