艾维达宣布根据纳斯达克规则按市场定价215万美元的注册直接发行

2024-09-05 22:53

Iveda Solutions (NASDAQ:IVDA) on Thursday said it has entered into definitive agreements for the sale and issuance of 5M shares of common stock of the company at an offering price of $0.43 per share, in a registered direct offering priced at-the-market under the Nasdaq rules.
In a concurrent private placement, Iveda will issue unregistered Series A warrants to purchase up to 5M shares of common stock and unregistered Series B warrants to purchase up to 5M shares of common stock, which warrants will be exercisable on the effective date of stockholder approval of the issuance of the shares upon exercise of the unregistered warrants, at an exercise price of $0.43 per share.
The closing of the offering is expected to occur on or about September 6.
The gross proceeds to the company from the offering are expected to be $2.15M, and Iveda intends to use the net proceeds for working capital and general corporate purposes.
IVDA is -23.15% to $0.3471.
Source: Press Release

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