Determine, Inc. closed a 2.2 million share registered direct public offering in June 2017, with Faegre Baker Daniels' capital markets team advising on the transaction.
Lake Street Capital Markets acted as the exclusive placement agent for the offering. The common stock trades on the Nasdaq Capital Market under the symbol “DTRM.” The company closed on the offering on June 26, 2017.
Determine is a leading global provider of SaaS Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) solutions. The Determine Cloud Platform provides procurement, legal and financial professionals analytics of their supplier, contract and financial performance. Its technologies empower customers to drive new revenue, identify savings, improve compliance and mitigate risk.