Correction-PN Smart Energy Limited Announces Pricing of $5.2 Million Registered Direct Offering
PN Smart Energy priced a $5.2 million registered direct offering, issuing 1,735,000 Class A ordinary shares and pre-funded warrants at a purchase price of $3.00 per share. Gross proceeds are expected to be $5.205 million before fees, with the company intending to use the net proceeds for general working capital purposes.
Key figures
- Offering Price
- 3
- Shares Offered
- 1735000
- Warrant exercise price
- 0.002
- Pre funded warrant price
- 2.998
AI analysis
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