SuperCom Files For $50M NASDAQ Offering

July 17, 2014 | The Israeli company SuperCom has filed a prospectus with the US Securities and Exchange Commission for a NASDAQ offering set to raise up to $50 million. The electronic and radio-frequency identity solutions provider’s stock rose by 1,400 percent in the past 18 months, giving the company a market cap of $121 million. The terms of the offering have not yet been disclosed and could include shares, options, bonds or a combination of the three. Founded in 1988, SuperCom provides traditional and digital identity and security solutions.