Kornit Digital (KRNT) Launches 2.2M Share Offering

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Go back to Kornit Digital (KRNT) Launches 2.2M Share Offering

Kornit Digital Announces Launch of Public Offering of Ordinary Shares

November 16, 2021 5:01 PM EST

ROSH HAAYN, Israel, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ: KRNT) (Kornit), a company that develops, designs and markets innovative, sustainable, on-demand, digital fashion and textile production technologies, today announced the launch of an underwritten public offering of 2,205,701 ordinary shares, 1,500,000 of which are being offered by Kornit and 705,701 of which are being offered by an affiliate of Amazon.com, Inc. (Amazon).  Kornit will not receive any of the proceeds from the sale of shares being offered by an affiliate of Amazon.  The shares being sold by an affiliate of Amazon are... More