 SAN DIEGO, Feb. 01, 2021 GLOBE NEWSWIRE -- Mitek Systems, Inc. Mitek NASDAQ: MITK announced today that, subject to market and other conditions, it intends to offer 125,000,000 aggregate principal amount of Convertible Senior Notes due 2026 the Notes in a private offering. The Notes will be offered and sold only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended the Securities Act. Mitek also expects to grant the initial purchasers of the Notes an option to purchase up to an additional 18,750,000 aggregate principal amount of Notes. 