TSS slides after pricing $51M stock offering

* TSS (NASDAQ:TSSI [https://seekingalpha.com/symbol/TSSI]) priced its public offering of 3 million shares at $17 each, aiming to raise $51M for general corporate purposes, including working and growth capital.
* Lucid Capital Markets is the sole bookrunner.
* The underwriter has a 30-day option to buy up to 450,000 more shares. Closing is expected around August 14, 2025, pending customary conditions.
* TSSI fell 5.9% premarket.

MORE ON TSS

* TSS, Inc. (TSSI) Q2 2025 Earnings Call Transcript [https://seekingalpha.com/article/4810823-tss-inc-tssi-q2-2025-earnings-call-transcript]
* TSS: Valuation Is An Increasing Concern [https://seekingalpha.com/article/4800622-tss-valuation-is-an-increasing-concern]
* TSS: AI-Fueled Growth Masks Customer Concentration Risk [https://seekingalpha.com/article/4797038-tss-ai-fueled-growth-masks-customer-concentration-risk]
* 3D Systems, Power Solutions International among industrial stocks to join Russell Microcap Index; Argan, Archer Aviation to leave [https://seekingalpha.com/news/4452986-3d-systems-power-solutions-international-among-industrial-stocks-to-join-russell-microcap]
* Biggest stock movers Friday: SPCE, AMAT, and more [https://seekingalpha.com/news/4449422-biggest-stock-movers-friday-spce-amat-and-more]