By Connor Hart

Shares of CompoSecure gained after the company said it has agreed to acquire Husky Technologies, a provider of injection-molding equipment, from Platinum Equity for roughly $5 billion, including debt.

Concurrently, CompoSecure raised its full-year outlook after logging higher-than-expected third-quarter results.

The stock rose 11% to $22 on Monday, extending its more-than-75% climb over the past year.

CompoSecure, which makes metal credit cards, is backed by David Cote, the former leader of industrial conglomerate Honeywell International. The company said the deal--which confirmed an earlier report by The Wall Street Journal--will be partially financed with a roughly $2 billion so-called PIPE, or private investment in public equity, that is expected to be offered at $18.50 per share of CompoSecure common stock.

The deal came as CompoSecure reported a loss of $174.7 million, or $1.58 a share, for its three months ended Sept. 30. Stripping out certain one-time items, earnings were 29 cents a share. Analysts surveyed by FactSet had expected adjusted earnings of 25 cents a share.

Adjusted net sales of $120.9 million topped Wall Street models for $116.8 million.

For the year, CompoSecure said it now expects adjusted net sales of $463 million and adjusted Ebitda, or earnings before interest, taxes, depreciation and amortization, of between $165 million and $170 million. It had previously guided for adjusted net sales of about $455 million, as well as adjusted Ebitda of about $158 million.

For 2026, the company expects adjusted Ebita of about $190 million on adjusted sales of roughly $510 million. Wall Street had forecast adjusted Ebitda of $175 million on adjusted sales of $496.1 million.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

November 03, 2025 12:20 ET (17:20 GMT)

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