Who We Are

What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

The Stephens Story

The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.

Leadership

Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

Impact Initiatives

We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

Our Brand Ambassadors

Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.

Making Connections

We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

Back to transactions
Sole Dealer Manager

GlobalSCAPE, Inc.

$17 Million 09/20/2018 Technology, Media & Telecom Complete
Public Companies
Show Tombstone

Transaction Details

  • On September 20, 2018, GlobalSCAPE, Inc. (“GSB” or the “Company”) announced the preliminary results of its modified Dutch auction tender offer to purchase shares of GSB’s common stock at a purchase price between $4.00/share and $4.50/share (the “Tender Offer”)
  • The Tender Offer expired at 12:00 midnight, EDT on Wednesday, September 19, 2018
  • Approximately 5.2 million shares were properly tendered and not withdrawn at or below the final purchase price of $4.20/share, based on the preliminary count by the Depositary
  • The Company expects to acquire approximately 4.0 million shares at a price of $4.20 per Share, for an aggregate cost of approximately $16.9 million
  • The preliminary proration factor for the Tender Offer is approximately 77%
  • The shares expected to be acquired in the Tender Offer represent approximately 18% of the total GSB shares issued and outstanding as of September 19, 2018
  • Stephens Inc. served as Sole Dealer Manager for the Tender Offer

About the company

GlobalSCAPE, Inc. (NYSE American: GSB) is a pioneer in securing and automating the movement and integration of data seamlessly in, around and outside your business, between people and places, in and out of the cloud. GlobalSCAPE provides technology that automates your work and secures your data, while giving visibility to those who need it. GlobalSCAPE makes business flow brilliantly.

Sources: Company filings and press release.
  1. This material has been prepared solely for informative purposes as of its stated date and is not a solicitation, or an offer, to buy or sell any security. It does not purport to be a complete description of the securities, markets or developments referred to in the material. Information included in the material was obtained from sources which we consider reliable, but we have not independently verified such information and do not guarantee that it is accurate or complete. Such information is believed to be accurate on the date of issuance of the material. No subsequent publication or distribution of this material shall mean or imply that any such information or opinion remains current at any time after the stated date of the material. We do not undertake to advise you of any changes in any such information or opinion. Additional information is available upon request.

    The tender offer for these securities is being made only by means of a Tender Offer Statement on Schedule TO, including an offer to purchase, a letter of transmittal and related materials, copies of which may be obtained from the Securities and Exchange Commission’s website at www.sec.gov at the following link: https://www.sec.gov/Archives/edgar/data/1112920/000092189518002457/toi11906004_08222018.htm, as amended by https://www.sec.gov/Archives/edgar/data/1112920/000092189518002585/toia11906004_09132018.htm.