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home / news releases / ASTC - Astrotech announces $6.2M direct offering


ASTC - Astrotech announces $6.2M direct offering

Astrotech ([[ASTC]] +16.8%) enters into securities purchase agreements with several institutional investors for the purchase and sale of 2.89M shares at $2.15 per share in a registered direct offering.Expected gross proceed of ~$6.2M.Net proceeds will be used for continuing operating expenses and working capital.Offering expected to close on or about October 30.Press Release.

For further details see:

Astrotech announces $6.2M direct offering
Stock Information

Company Name: Astrotech Corporation
Stock Symbol: ASTC
Market: NASDAQ
Website: astrotechcorp.com

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