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flag TSS, Inc., an AI and computing services firm, raised $58.7 million in a public stock offering.

flag TSS, Inc., a company that provides services for AI and high-performance computing, completed a public stock offering, raising approximately $58.7 million. flag The offering involved selling 3,000,000 shares at $17 each, with an additional 450,000 shares sold due to an over-allotment option exercised by the underwriter, Lucid Capital Markets. flag The funds will be used for general corporate purposes, including working capital and growth initiatives.

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