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Tangoe, Inc. Announces Closing of Registered Public Offering Including Full Exercise of Underwriters’ Option to Purchase Additional Shares

Posted on: April 3, 2012
Release date: 4/3/2012

Orange, Conn., April 3, 2012 — Tangoe, Inc. (NASDAQ: TNGO), a leading global provider of communications lifecycle management software and related services, today announced the closing of its previously announced registered public offering of 9,200,000 shares of its common stock at a price to the public of $18.50 per share. Selling stockholders sold 7,000,000 shares of common stock and Tangoe sold the remaining 2,200,000 shares of common stock in the closing. In addition, 1,200,000 of the common shares sold by selling stockholders were sold as a result of the full exercise by the underwriters of a 30-day option to purchase these additional shares at the public offering price.

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$35+
Billion

of spend under
management

10+
Million

devices managed
globally

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