NetworkNewsBreaks – Sigma Labs Inc. (NASDAQ: SGL
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Posted On: 01/08/2021 3:30:37 PM
NetworkNewsBreaks – Sigma Labs Inc. (NASDAQ: SGLB) Announces Pricing of $4.5M Public Offering
Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial metal 3D printing industry, has announced the pricing of an underwritten public offering of 1,488,507 shares of common stock at a public offering price of $3.00 per share. Per the update, the company has granted the underwriter a 30-day option to purchase up to an additional 223,276 shares of common stock. Sigma Labs expects to secure approximately $4.5 million in gross proceeds, of which it intends to use net proceeds for its operations, including the development and marketing of its products and services, as well as for working capital and general corporate purposes.
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 metal 3D printing industry, has announced the pricing of an underwritten public offering of 1,488,507 shares of common stock at a public offering price of $3.00 per share. Per the update, the company has granted the underwriter a 30-day option to purchase up to an additional 223,276 shares of common stock. Sigma Labs expects to secure approximately $4.5 million in gross proceeds, of which it intends to use net proceeds for its operations, including the development and marketing of its products and services, as well as for working capital and general corporate purposes.
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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