** Shares of digital banking firm Alkami Technologies Inc ALKT.O down 6.7% before the bell to $25.48 after acquisition-related capital raise news
** Plano, Texas-based firm offering privately $300 mln 5-yr convertible bonds
** It plans to use portion of net proceeds to pay for capped calls, fund previously announced pending acquisition of MANTL
** On Feb 27, co said it would buy Fin Technologies (MANTL), account opening solution, for $400 mln enterprise value, and announced Q4 results and 2025 outlook
** Co has ~$2.8 bln market cap, per LSEG data
** Through Fri close, shares off ~26% YTD following ~51% gain in 2024
** 8 of 11 analysts covering ALKT rate stock "strong buy" or "buy", rest "hold"; median PT of $45 is 65% above stock's last close - LSEG
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))
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