SeqLL Inc (SQL) Prices 2M Share Offering at $0.90/sh

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Go back to SeqLL Inc (SQL) Prices 2M Share Offering at $0.90/sh

SeqLL Inc. Announces Pricing of $1.8 Million Registered Direct Offering

February 13, 2023 8:30 AM EST

BILLERICA, Mass., Feb. 13, 2023 (GLOBE NEWSWIRE) -- SeqLL Inc. (NASDAQ: SQL and SQLLW) (SeqLL or the Company), a technology company providing life sciences instrumentation and research services, today announced that it has entered into a securities purchase agreement (the Agreement) with institutional investors to purchase 2,000,000 of its shares of common stock at a purchase price of $0.90 per share of common stock in a registered direct offering (the Offering). The gross proceeds to the Company from the Offering are estimated to be approximately $1.8 million before deducting the placement agents fees and other Offering expenses.

Maxim Group LLC is acting as the... More