ShotSpotter – $30.8 Million IPO

San Francisco – June 12, 2017 – Cooley advised ShotSpotter on its $30.8 million initial public offering of 3,220,000 shares of its common stock, including the full exercise of the underwriters’ over-allotment option to purchase 420,000 shares.

Roth Capital Partners acted as sole book-running manager, Northland Capital Markets acted as co-lead manager and Imperial Capital acted as co-manager for the offering.

ShotSpotter, which is headquartered in Newark, California, and trades on The NASDAQ Capital Market as “SSTI,” is the leader in gunshot detection solutions that help law enforcement officials and security personnel identify, locate and deter gun violence.

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