Offerings // SPS COMMERCE INC

SPSC offering history

Every offering-related filing in SPS COMMERCE INC’s recent SEC record — registrations (announced capacity) kept separate from pricing documents (executed sales). Reviewed 1,000 filings back to Mar 30, 2010.

Last executed offering

Jan 2, 2025

8-K — priced deal (shares or notes)

Last registration (announced)

Feb 27, 2025

S-3ASR — capacity, not a sale

Executed, last 12 months

424B pricings + 8-K 3.02 sales

Registered, last 12 months

S-1/S-3/F-series registrations

Date	Filing		What it means
Feb 27, 2025	S-3ASR →	REGISTERED	Automatic shelf registration — effective immediately (large filers)
Jan 2, 2025	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Aug 16, 2024	S-3ASR →	REGISTERED	Automatic shelf registration — effective immediately (large filers)
Aug 1, 2024	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Jan 6, 2016	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Oct 14, 2014	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Nov 20, 2013	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Nov 18, 2013	S-3ASR →	REGISTERED	Automatic shelf registration — effective immediately (large filers)
Nov 18, 2013	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Sep 6, 2012	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Sep 4, 2012	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Aug 7, 2012	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Jun 26, 2012	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Jun 13, 2012	S-3 →	REGISTERED	S-3 registration — capacity to sell shares, not a sale yet
Jun 9, 2011	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Jun 8, 2011	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Jun 7, 2011	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Jun 3, 2011	S-3/A →	REGISTERED	S-3/A registration — capacity to sell shares, not a sale yet
May 6, 2011	S-3 →	REGISTERED	S-3 registration — capacity to sell shares, not a sale yet
Dec 3, 2010	424B4 →	EXECUTED	Final prospectus — offering priced (typical for IPOs and marketed share deals)
Dec 2, 2010	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Nov 30, 2010	S-1/A →	REGISTERED	S-1/A registration — capacity to sell shares, not a sale yet
Nov 12, 2010	S-1 →	REGISTERED	S-1 registration — capacity to sell shares, not a sale yet
Apr 22, 2010	S-1MEF →	REGISTERED	S-1MEF registration — capacity to sell shares, not a sale yet
Apr 22, 2010	424B4 →	EXECUTED	Final prospectus — offering priced (typical for IPOs and marketed share deals)
Apr 21, 2010	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Apr 19, 2010	S-1/A →	REGISTERED	S-1/A registration — capacity to sell shares, not a sale yet
Apr 13, 2010	S-1/A →	REGISTERED	S-1/A registration — capacity to sell shares, not a sale yet
Apr 2, 2010	S-1/A →	REGISTERED	S-1/A registration — capacity to sell shares, not a sale yet
Mar 30, 2010	S-1/A →	REGISTERED	S-1/A registration — capacity to sell shares, not a sale yet

SPSC offering-related filings from SEC EDGAR, newest first (capped at 40). Each links to the original document.

Two honest limits. (1) A 424B takedown can price shares or notes— EDGAR’s metadata doesn’t say which, so open the document: large investment-grade filers use these mostly for bond deals (no dilution), small-caps mostly for shares. (2) At-the-market (ATM) programs sell shares gradually and individual sales are not separately filed — the visible footprint is the enabling shelf and its 424B5; actual ATM share counts surface later in the 10-Q/10-K share count. Educational information from public filings, not investment advice.

Is a shelf active now? →Do they need money? →Red flags →Full SPSC workspace →

SPSC offering FAQ

When did SPSC last execute an offering?

Per SEC filings, SPS COMMERCE INC's most recent priced offering document is a 8-K filed 2025-01-02. Note a 424B takedown can price shares or notes (debt) — the linked document says which.

When did SPSC last announce or register an offering?

The most recent registration is a S-3ASR filed 2025-02-27. A registration is capacity to sell shares — not a sale.

Does an offering always mean dilution?

Registered direct offerings and shelf takedowns issue new shares and dilute existing holders. Resale registrations (424B3/B7) let existing holders sell and do not create new shares. Secondary sales by insiders also do not dilute. Each row here is labeled with what it is.