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inContact announces public offering of common stock
[September 13, 2012]

inContact announces public offering of common stock

Sep 13, 2012 (Datamonitor Financial Deals Tracker via COMTEX) -- inContact, Inc., a US-based software-as-a-service (SaaS) company that provides on-demand call center software and call center agent optimization tools for multi-site contact centers and CRM workforces, is planning to issue shares of its common stock in an underwritten public offering.

In connection with the offering, inContact expects to grant the underwriter a 30-day option to purchase additional shares of common stock to cover overallotments, if any.

Piper Jaffray & Co. is acting as sole manager for the offering.


Deal Type IPO Sub-Category Filing,Secondary Offering Deal Status Announced: 2012-09-12 Deal Participants Target (Company) inContact, Inc.

Deal Rationale inContact intend to use the net proceeds from the offering for general corporate purposes, including capital expenditures on cloud facilities and infrastructure, marketing, client services and development of intellectual property.

It may also use a portion of the net proceeds to acquire or invest in businesses, services, and technologies.

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