Tricor Pacific Capital and CPI Chairman Acquire Minority Stake in CPI Card Group

Reuters12-05

Tricor Pacific Capital and CPI Chairman Acquire Minority Stake in <a href="https://laohu8.com/S/PMTS">CPI Card</a> Group

CPI Card Group Inc., a payments technology company, announced that Tricor Pacific Capital Inc. (the Tricor Family Office) has purchased 1.9 million shares of CPI common stock, and the company's Chairman, H. Sanford (Sandy) Riley, has acquired 0.2 million shares from significant shareholder Parallel49 Equity, ULC, in privately negotiated transactions. As a result, Parallel49's ownership in CPI was reduced from 4.8 million shares (approximately 42% of shares outstanding) to 2.7 million shares (about 24%). Following the transaction, Tricor's direct ownership increased to 2.2 million shares, or nearly 20% of shares outstanding. Both Tricor and Sandy Riley entered into lock-up agreements, restricting the sale or disposal of the acquired shares for one year. CPI's Board of Directors also approved the grant of share registration and director nomination rights to the Tricor Family Office.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CPI Card Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251205151950) on December 05, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2589818990?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-05 22:07","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2589818990","market":"fut","top_or_hot":-1,"title":"Tricor Pacific Capital and CPI Chairman Acquire Minority Stake in CPI Card Group","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Tricor Pacific Capital and CPI Chairman Acquire Minority Stake in <a href=\"https://laohu8.com/S/PMTS\">CPI Card</a> Group\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        CPI Card Group Inc., a payments technology company, announced that Tricor Pacific Capital Inc. (the Tricor Family Office) has purchased 1.9 million shares of CPI common stock, and the company's Chairman, H. Sanford (Sandy) Riley, has acquired 0.2 million shares from significant shareholder Parallel49 Equity, ULC, in privately negotiated transactions. As a result, Parallel49's ownership in CPI was reduced from 4.8 million shares (approximately 42% of shares outstanding) to 2.7 million shares (about 24%). Following the transaction, Tricor's direct ownership increased to 2.2 million shares, or nearly 20% of shares outstanding. Both Tricor and Sandy Riley entered into lock-up agreements, restricting the sale or disposal of the acquired shares for one year. CPI's Board of Directors also approved the grant of share registration and director nomination rights to the Tricor Family Office.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CPI Card Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251205151950) on December 05, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tricor Pacific Capital and CPI Chairman Acquire Minority Stake in CPI Card Group</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTricor Pacific Capital and CPI Chairman Acquire Minority Stake in CPI Card Group\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-12-05 22:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Tricor Pacific Capital and CPI Chairman Acquire Minority Stake in <a href=\"https://laohu8.com/S/PMTS\">CPI Card</a> Group\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        CPI Card Group Inc., a payments technology company, announced that Tricor Pacific Capital Inc. (the Tricor Family Office) has purchased 1.9 million shares of CPI common stock, and the company's Chairman, H. Sanford (Sandy) Riley, has acquired 0.2 million shares from significant shareholder Parallel49 Equity, ULC, in privately negotiated transactions. As a result, Parallel49's ownership in CPI was reduced from 4.8 million shares (approximately 42% of shares outstanding) to 2.7 million shares (about 24%). Following the transaction, Tricor's direct ownership increased to 2.2 million shares, or nearly 20% of shares outstanding. Both Tricor and Sandy Riley entered into lock-up agreements, restricting the sale or disposal of the acquired shares for one year. CPI's Board of Directors also approved the grant of share registration and director nomination rights to the Tricor Family Office.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CPI Card Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251205151950) on December 05, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PMTS","symbol_name":"Cpi Card Group","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251205:nNDL5lPmyV:1","article_id":"2589818990","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2589818990","pubTimestamp":1764943637,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"CPI Card Group Inc., a payments technology company, announced that Tricor Pacific Capital Inc.  has purchased 1.9 million shares of CPI common stock, and the company's Chairman, H. Sanford  Riley, has acquired 0.2 million shares from significant shareholder Parallel49 Equity, ULC, in privately negotiated transactions. As a result, Parallel49's ownership in CPI was reduced from 4.8 million shares  to 2.7 million shares . Following the transaction, Tricor's direct ownership increased to 2.2 million shares, or nearly 20% of shares outstanding. Both Tricor and Sandy Riley entered into lock-up agreements, restricting the sale or disposal of the acquired shares for one year. CPI's Board of Directors also approved the grant of share registration and director nomination rights to the Tricor Family Office.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated conte","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PMTS":"Cpi Card Group","BK4170":"电脑硬件、储存设备及电脑周边"},"translate_title":"卓佳太平洋资本与CPI董事长收购CPI Card Group少数股权","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PMTS":0.9},"content_text":"Tricor Pacific Capital and CPI Chairman Acquire Minority Stake in CPI Card Group\n    \n\n        CPI Card Group Inc., a payments technology company, announced that Tricor Pacific Capital Inc. (the Tricor Family Office) has purchased 1.9 million shares of CPI common stock, and the company's Chairman, H. Sanford (Sandy) Riley, has acquired 0.2 million shares from significant shareholder Parallel49 Equity, ULC, in privately negotiated transactions. As a result, Parallel49's ownership in CPI was reduced from 4.8 million shares (approximately 42% of shares outstanding) to 2.7 million shares (about 24%). Following the transaction, Tricor's direct ownership increased to 2.2 million shares, or nearly 20% of shares outstanding. Both Tricor and Sandy Riley entered into lock-up agreements, restricting the sale or disposal of the acquired shares for one year. CPI's Board of Directors also approved the grant of share registration and director nomination rights to the Tricor Family Office.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CPI Card Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251205151950) on December 05, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2589818990","isCrawlerRequest":true}