SINTX Technologies (SINT) Prices 1.5M Share Registered Direct Offering at $2/Sh

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Go back to SINTX Technologies (SINT) Prices 1.5M Share Registered Direct Offering at $2/Sh

SINTX Technologies Announces Pricing of $3.0 Million Registered Direct Offering Priced At-The-Market

July 17, 2020 9:00 AM EDT

SALT LAKE CITY, UT, July 17, 2020 (GLOBE NEWSWIRE) -- SINTX Technologies, Inc. (NASDAQ: SINT) (SINTX or the Company), an original equipment manufacturer (OEM) ceramics company focused on silicon nitride and its applications, today announced that it has entered into a share purchase agreement with several institutional investors for the issuance and sale of 1,500,000 shares of its common stock at a price of $2.00 per share, for aggregate gross proceeds of approximately $3.0 million, in a registered direct offering priced at-the-market under Nasdaq rules.

Maxim Group LLC is acting as the sole... More