Simpson Thacher represented the underwriters, led by J.P. Morgan Securities LLC, BofA Securities, Inc. and TD Securities (USA) LLC, in connection with the offering by certain shareholders of CompoSecure, Inc. (“CompoSecure”) of an aggregate of 8,050,000 shares of CompoSecure’s Class A common stock. The offering raised approximately $52 million in aggregate gross proceeds for the selling stockholders and closed on May 13, 2024.
CompoSecure is a technology partner to market leaders, fintechs and consumers enabling trust for millions of people around the globe. The company combines elegance, simplicity and security to deliver exceptional experiences and peace of mind in the physical and digital world. CompoSecure’s innovative payment card technology and metal cards with Arculus security and authentication capabilities deliver unique, premium branded experiences, enable people to access and use their financial and digital assets, and ensure trust at the point of a transaction.
The Simpson Thacher team for this transaction included John O’Connell and Matt Petrone (Capital Markets); Pasco Struhs (Executive Compensation and Employee Benefits); Jonathan Cantor, Daisy Dai and Jiha Min (Tax); Jennie Getsin (FINRA & Blue Sky); and Ron Ben-Yehuda and Ziang Zhou (IP).