ShiftPixy (PIXY) Prices $12 Million Public Offering of Common Stock, Warrants
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ShiftPixy, Inc. Announces Pricing of Approximately $12 Million Public Offering
May 21, 2020 8:00 AM EDTIRVINE, Calif., May 21, 2020 (GLOBE NEWSWIRE) -- ShiftPixy, Inc. (the Company) (Nasdaq: PIXY), a California-based gig engagement platform provider, today announced the pricing of an underwritten public offering with expected total gross proceeds of approximately $12,000,000, before deducting underwriting discounts, commissions and other offering expenses payable by the Company.
The securities offered by the Company consist of (i) 1,898,850 shares of common stock together with 949,425 Warrants (the Warrants) to purchase up to 949,425 shares of common stock and (ii) 323,310 pre-funded warrants, with each pre-funded warrant exercisable for one share of common stock, together with... More
