CPI Card Group, a portfolio company of Tricor Pacific Capital, has set terms for its IPO, planning to price shares between $16 and $18. In a midpoint pricing, the offering would be valued at over $300 million, with the company itself receiving approximately $152.7 million and other selling shareholders receiving the remainder. CPI manufactures credit, debit and prepaid debit cards issued on the networks of brands including Visa, MasterCard, American Express and Discover. For the six months ended June 30, 2015, it generated net income of more than $18 million on total sales of near $173 million; it reported adjusted EBITDA of $41.7 million during the same period. The updated filing reveals it will list on the NASDAQ under the symbol PMTS.