Posted On: 09/11/2014 6:55:52 AM
Post# of 63835
NXTD Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)
2,127,273 Shares of Common Stock
Warrants to Purchase 2,127,273 Shares of Common Stock
We are offering 2,127,273 shares of our common stock, par value $0.0001 per share, and warrants to purchase 2,127,273 shares of common stock of Nxt-ID, Inc. The warrant to purchase a share of our common stock will have an exercise price of $3.288 per share (120% of the public offering price of the common stock). The warrants are exercisable immediately and will expire five years from the date of issuance. Our common stock is presently traded on the OTC Bulletin Board (the “OTC Bulletin Board”) under the symbol NXTD. On September 8, 2014, the last sale price of our shares as reported by the OTC Bulletin Board was $3.80 per share. In conjunction with this offering, we applied to list our common stock and warrants on the Nasdaq Capital Market and our common stock and warrants are expected to begin trading on the Nasdaq Capital Market under the ticker symbols "NXTD" and “NXTDW,” respectively, on Thursday, September 11, 2014.
2,127,273 Shares of Common Stock
Warrants to Purchase 2,127,273 Shares of Common Stock
We are offering 2,127,273 shares of our common stock, par value $0.0001 per share, and warrants to purchase 2,127,273 shares of common stock of Nxt-ID, Inc. The warrant to purchase a share of our common stock will have an exercise price of $3.288 per share (120% of the public offering price of the common stock). The warrants are exercisable immediately and will expire five years from the date of issuance. Our common stock is presently traded on the OTC Bulletin Board (the “OTC Bulletin Board”) under the symbol NXTD. On September 8, 2014, the last sale price of our shares as reported by the OTC Bulletin Board was $3.80 per share. In conjunction with this offering, we applied to list our common stock and warrants on the Nasdaq Capital Market and our common stock and warrants are expected to begin trading on the Nasdaq Capital Market under the ticker symbols "NXTD" and “NXTDW,” respectively, on Thursday, September 11, 2014.
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