MySize raises $2.5M in private placement priced at market

Corporate Action
โดย Seeking Alpha·US·Read original
Summary · why it matters

MySize has entered into definitive agreements to raise approximately $2.5 million through a private placement priced at market under Nasdaq rules. The company will issue 1.31 million shares, or pre-funded warrants, at $1.91 each, alongside Series C and D warrants exercisable at $1.66 per share. The offering is expected to close around September 16, with net proceeds earmarked for general corporate purposes, including working capital. The stock traded about 4.6% higher after market hours on Tuesday.

Impact on stocks 1

Artificial Intelligence · 1 stocks
My Size Inc
MYSZ
▲ PositiveCapitalrelevance

MySize raised ~$2.5M via a private placement of shares/warrants, a financing event for the company.