ToughBuilt Industries Announces Pricing Of $3.5M Public Offering Of 772,628 Shares Of Its Common Stock At A Price Of $4.53/Share
ToughBuilt Industries Announces Pricing Of $3.5M Public Offering Of 772,628 Shares Of Its Common Stock At A Price Of $4.53/Share
ToughBuilt Industries, Inc. ("ToughBuilt" or the "Company") (NASDAQ:TBLT, TBLTW))))), today announced the pricing of a public offering of 772,628 shares of its common stock (or pre-funded warrants in lieu thereof), together with warrants to purchase up to 772,628 shares of its common stock at an offering price to the public of $4.53 per share (or pre-funded warrant) and associated warrant. The warrants will have an exercise price of $4.405 per share, be exercisable upon issuance, and will expire five years following the date of issuance. The closing of the offering is expected to occur on or about February 16, 2024, subject to the satisfaction of customary closing conditions.
ToughBuilt Industries, Inc.(“ToughBuilt” 或 “公司”)(納斯達克股票代碼:TBLT,TBLTW)))今天宣佈,公開發行772,628股普通股(或預先籌資的認股權證)的定價,以及以每股4.53美元的發行價購買最多772,628股普通股的認股權證(或預先注資的認股權證)和相關的認股權證。認股權證的行使價爲每股4.405美元,可在發行時行使,並將在發行之日起五年後到期。此次發行預計將於2024年2月16日左右結束,但須滿足慣例成交條件。
H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.
H.C. Wainwright & Co. 擔任本次發行的獨家配售代理。
The gross proceeds to the Company from the offering are expected to be approximately $3.5 million, before deducting the placement agent's fees and other offering expenses payable by ToughBuilt. The Company intends to use the net proceeds from this offering for general corporate purposes, including working capital.
在扣除配售代理費和ToughBuilt應支付的其他發行費用之前,公司從本次發行中獲得的總收益預計約爲350萬美元。公司打算將本次發行的淨收益用於一般公司用途,包括營運資金。