XML 28 R18.htm IDEA: XBRL DOCUMENT v3.21.1
Equity Transactions
3 Months Ended
Mar. 31, 2021
Equity [Abstract]  
Equity Transactions

12. Equity Transactions

On March 15, 2021, the Company completed a registered public offering (“Offering”), wherein a total of 9,520,787 shares of the Company’s common stock were issued at a purchase price of $6.85 per share, for a total purchase price of $65.2 million. The Offering raised net cash proceeds of approximately $59.9 million after deducting the underwriting discount and fees and expenses of the Offering. The Company used the net cash proceeds from the Offering to fund, in part, the acquisition of Avast plc’s Family Safety Mobile business completed on April 16, 2021 (see Note 13 for additional information).