Velti plc, a leading mobile marketing and advertising technology provider, today announced that the underwriters of its previously announced follow-on public offering have exercised their over-allotment option and on June 30, served irrevocable notice of their intent to purchase an additional 1,474,275 ordinary shares, at the previously announced price to the public of $15.25 per share.
Velti announces underwriters exercise of over-allotment option