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Tech Industry

Short Take: AG Systems shareholders cash in

Only five months after its initial public offering, some AG Systems shareholders are ready to cash in. Since the IPO, shares in the software company have appreciated about 180 percent. According to a filing with the SEC, 5,460,212 shares of common stock of are being sold by certain stockholders of the company, and the company will not receive any of the proceeds of the sale.

    Only five months after its initial public offering, some AG Systems shareholders are ready to cash in. Since the IPO, shares in the software company have appreciated about 180 percent. According to a filing with the SEC, 5,460,212 shares of common stock of are being sold by certain stockholders of the company, and the company will not receive any of the proceeds of the sale.