NetworkNewsBreaks - Sigma Labs, Inc. (NASDAQ: SGLB
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Posted On: 04/03/2020 6:13:40 PM
NetworkNewsBreaks - Sigma Labs, Inc. (NASDAQ: SGLB) Issues Corrected Press Release for Pricing of $1.5M Offering, Classification of Warrants
Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D printing industry, this morning issued a corrected press release to revise the classification of warrants previously published in today's press release announcing its entry into a definitive agreement with certain institutional investors for an offering of 515,465 units. According to the update, each of the units consists of one share of Sigma Labs common stock (or a prefunded Series B Warrant to purchase one share of Sigma Labs common stock) to be issued in a public offering, and a Series A Warrant to purchase one share of Sigma Labs common stock to be issued in a private placement for a purchase price of $2.91 per unit, for aggregate gross proceeds of $1.5 million. Subject to satisfaction of customary conditions, the Offering is expected to close on or about April 6, 2020.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D printing industry, this morning issued a corrected press release to revise the classification of warrants previously published in today's press release announcing its entry into a definitive agreement with certain institutional investors for an offering of 515,465 units. According to the update, each of the units consists of one share of Sigma Labs common stock (or a prefunded Series B Warrant to purchase one share of Sigma Labs common stock) to be issued in a public offering, and a Series A Warrant to purchase one share of Sigma Labs common stock to be issued in a private placement for a purchase price of $2.91 per unit, for aggregate gross proceeds of $1.5 million. Subject to satisfaction of customary conditions, the Offering is expected to close on or about April 6, 2020.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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