ROTH Capital Partners Acts as Sole Book-Running Manager for
ShotSpotter, Inc. (NASDAQ: SSTI) in its $35.4M IPO

For more information please contact:

Investment Banking
Al Longfield, CFA
Managing Director
(949) 720-7177

alongfield@roth.com

 

Mitch Truelock
Managing Director
(949) 720-7188

mtruelock@roth.com

 

Kamal Masud, CFA
Vice President
(949) 720-7102

kmasud@roth.com

 

Equity Capital Markets
Aaron Gurewitz
Head of Equity
Capital Markets
(949) 720-5703

agurewitz@roth.com

 

Nazan Akdeniz
Senior Vice President
(949) 720-5740

nakdeniz@roth.com

 

Lou Ellis
Senior Vice President
(949) 720-5739

lellis@roth.com

Transaction Information

ShotSpotter, Inc. (NASDAQ: SSTI), a gunshot detection solutions company, has completed an initial public offering of 3,220,000 shares of its common stock, which includes the sale of 420,000 additional shares pursuant to the full exercise of the over-allotment option granted to the underwriters. The shares were sold at a public offering price of $11.00 per share, resulting in the gross proceeds for ShotSpotter, Inc. of $35.4 Million. The common stock began trading on The NASDAQ Capital Market on June 7, 2017 under the trading symbol "SSTI."

   

ROTH Capital Partners is acting as sole book-running manager for the offering.

 

About ShotSpotter, Inc.
ShotSpotter is the global leader in gunfire detection and location technology. ShotSpotter's solutions help law enforcement officials and security personnel identify, locate and deter gun violence. ShotSpotter is based in Newark, California and offers its solutions on a SaaS-based subscription model to customers around the world, with current customers located in the United States, Puerto Rico, the U.S. Virgin Islands and South Africa. For more information, please visit http://www.shotspotter.com. (Source: Company Press Release | 6/7/17)

 

About ROTH Capital Partners

ROTH Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and their investors. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading, market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately-held and employee owned, and maintains offices throughout the U.S.  For more information on ROTH, please visit www.roth.com.

About ROTH Investment Banking Private Capital Institutional Sales & Trading
Research Corporate Services Marketing & Conferences Press Room

The material, information and  facts discussed in this announcement other than the information regarding ROTH Capital Partners, LLC ("ROTH") and its affiliates, are from sources believed to be reliable, but are in no way guaranteed to be complete or accurate. This announcement should not be used as a complete analysis of any companies, securities or topics discussed herein. Additional information is available upon request. This is not, however, an offer or solicitation of the securities discussed. Any opinions or estimates in this announcement are subject to change without notice. An investment in any security based on this announcement may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Additionally, such investments may involve a high degree of risk and may not be suitable for all investors. No part of this announcement may be reproduced in any form without the express written permission of ROTH. Copyright 2017.