ALKT - Public offerings

PLANO, Texas, Nov. 6, 2024 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami" or the "Company"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced the pricing of the previously announced underwritten secondary offering (the "Offering") of an aggregate of 7,500,000 shares of the Company's common stock to be sold by entities affiliated with General Atlantic (AL), L.P., S3 Ventures Fund III, L.P., George B. Kaiser and Brian R. Smith (collectively, the "Selling Stockholders"). The Offering is expected to close on November 8, 2024, subject to the satisfaction of customary closing conditions. The underwriter has a 30-day o

PLANO, Texas, Nov. 6, 2024 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami" or the "Company"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced the launch of an underwritten secondary offering (the "Offering") of an aggregate of 7,500,000 shares of the Company's common stock to be sold by entities affiliated with General Atlantic (AL), L.P., S3 Ventures Fund III, L.P., George B. Kaiser and Brian R. Smith (collectively, the "Selling Stockholders"). The Selling Stockholders also expect to grant to the underwriter an option, exercisable for 30 days, to purchase up to an additional 1,125,000 shares of the Company's co

PLANO, Texas, Aug. 9, 2024 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami" or the "Company"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced the pricing of the previously announced underwritten secondary offering (the "Offering") of an aggregate of 5,000,000 shares of the Company's common stock to be sold by entities affiliated with General Atlantic, L.P., S3 Ventures Fund III, L.P., George B. Kaiser and Brian R. Smith (collectively, the "Selling Stockholders"). The Offering is expected to close on August 12, 2024, subject to the satisfaction of customary closing conditions. The underwriter has a 30-day option

PLANO, Texas, Aug. 8, 2024 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami" or the "Company"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced the launch of an underwritten secondary offering (the "Offering") of an aggregate of 5,000,000 shares of the Company's common stock to be sold by entities affiliated with General Atlantic, L.P., S3 Ventures Fund III, L.P., George B. Kaiser and Brian R. Smith (collectively, the "Selling Stockholders"). The Selling Stockholders also expect to grant to the underwriter an option, exercisable for 30 days, to purchase up to an additional 750,000 shares of the Company's common st

PLANO, Texas, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced results for its fourth quarter and full year ending December 31, 2022. Fourth Quarter 2022 Financial Highlights GAAP total revenue of $55.5 million, an increase of 31% compared to the year-ago quarter;GAAP gross margin of 52%, compared to 55% in the year-ago quarter;Non-GAAP gross margin of 56%, compared to 57% in the year-ago quarter;GAAP net loss of $(4.9) million, compared to $(13.3) million in the year-ago quarter; andAdjusted EBITDA loss of $(4.0) million, compared to $(4.4)

PLANO, Texas, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced results for its third quarter ending September 30, 2022. Third Quarter 2022 Financial Highlights GAAP total revenue of $53.4 million, an increase of 34% compared to the year-ago quarter;GAAP gross margin of 52%, compared to 56% in the year-ago quarter;Non-GAAP gross margin of 57%, compared to 58% in the year-ago quarter;GAAP net loss of $(20.0) million, compared to $(11.2) million in the year-ago quarter; andAdjusted EBITDA loss of $(4.6) million, compared to $(6.1) million in the

PLANO, Texas, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for U.S. banks and credit unions, today announced results for its second quarter ending June 30, 2022. Second Quarter 2022 Financial Highlights GAAP total revenue of $50.5 million, an increase of 38% compared to the year-ago quarter;GAAP gross margin of 54%, compared to 56% in the year-ago quarter;Non-GAAP gross margin of 58%, compared to 58% in the year-ago quarter;GAAP net loss of ($20.2) million, compared to ($11.4) million in the year-ago quarter; andAdjusted EBITDA loss of ($5.3) million, compared to ($5.4) million in the year-ago

Austin-based venture capital firm with assets under management surpassing $900 million invests primarily in Texas-based startups across three sectors: business technology, digital experiences and health care technology S3 Ventures is solely backed by a philanthropic family with a multibillion-dollar foundation. The firm's single-LP structure enables patient capital and stronger alignment with visionary founder needs S3 makes initial investments from $500,000 to $10 million in seed, Series A or Series B rounds with capacity to invest more than $20 million throughout the life of a company Founded in 2005, S3's investments exceed 50, including more than 25 active portfolio companies and

PLANO, Texas, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for U.S. banks and credit unions, today announced results for its fourth quarter and full year ending December 31, 2021. Fourth Quarter 2021 Financial Highlights GAAP total revenue of $42.4 million, an increase of 27% compared to the year-ago quarter;GAAP gross margin of 55%, compared to 58% in the year-ago quarter;Non-GAAP gross margin of 57%, compared to 58% in the year-ago quarter;GAAP net loss of ($13.3) million, compared to ($12.5) million in the year-ago quarter; and,Adjusted EBITDA loss of ($4.4) million compared to ($3.0) milli

PLANO, Texas, Nov. 4, 2021 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), announced that its Board of Directors has appointed Alex Shootman to the role of Chief Executive Officer, effective November 5, 2021. Shootman succeeds Mike Hansen, who will remain at Alkami in an advisory role through the end of the year to assist with the transition and continue his role as a Director on Alkami's board through at least 2022. Shootman will also be appointed to Alkami's Board of Directors. Shootman brings to Alkami more than 20 years of executive leadership experience

PLANO, Texas, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. ("Alkami"), a leading cloud-based digital banking solutions provider for U.S.-based financial institutions, announced today results for its third quarter ending September 30, 2021. Third Quarter 2021 Financial Highlights GAAP total revenue of $39.8 million, an increase of 37% year-over-year;GAAP gross margin of 56.3%, an expansion of nearly 390 basis points year-over-year;Non-GAAP gross margin of 57.9%, an expansion of over 520 basis points year-over-year;GAAP net loss of ($11.2) million compared to a net loss of ($21.3) million in the prior year; and,Adjusted EBITDA loss of ($6.1) million compared to a loss of ($5.4

PLANO, Texas, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. ("Alkami"), a leading cloud-based digital banking solutions provider for U.S.-based financial institutions, announced today results for its second quarter ending June 30, 2021. Second Quarter 2021 Financial Highlights GAAP total revenues of $36.7 million, an increase of 38% year-over-year;GAAP gross margin of 55.9%, an expansion of over 550 basis points year-over-year;Non-GAAP gross margin of 57.5%, an expansion of over 680 basis points year-over-year;GAAP net loss of ($11.4) million compared to a net loss of ($7.3) million in the prior year quarter; andAdjusted EBITDA loss of ($5.4) million compared to a loss of ($6

PLANO, Texas, May 11, 2021 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for U.S.-based financial institutions, announced today results for its first quarter ending March 31, 2021. First Quarter 2021 Financial Highlights GAAP total revenue of $33.3 million, an increase of 43% year-over-year;GAAP gross margin of 53.4%, an expansion of nearly 470 basis points year-over-year;Non-GAAP gross margin of 54.5%, an expansion of approximately 540 basis points year-over-year;GAAP net loss of ($10.9) million compared to a net loss of ($10.3) million in the prior year; and,Adjusted EBITDA loss of ($6.1) million compared

PLANO, Texas, May 11, 2021 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for U.S.-based financial institutions, announced today a partial early lock-up release with respect to shares of Alkami's common stock, par value $0.001 per share, pursuant to the terms of certain lock-up agreements entered into by certain of Alkami's directors, officers, greater than 1% stockholders and other security holders with the underwriters of Alkami's initial public offering. Pursuant to the terms of the lock-up agreements, the restricted period will end with respect to either 15% or 25% of the shares subject to each lock-up agr