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home / news releases / DNMR - Dainmer Scientific under pressure on stock offering

DNMR - Dainmer Scientific under pressure on stock offering

Danimer Scientific Inc.
Danimer Scientific (DNMR) offered up to 16.28M shares of Class A common stock consisting of up to 6M shares issuable on the exercise of 6M warrants originally issued in a private placement in connection with the IPO of Live Oak Acquisition, up to 10M shares exercisable on respective warrants and 279,253 shares issuable on exercise of non-plan legacy-Plan Legacy Danimer Options.The company will not receive any proceeds from sale of shares or warrants by selling securityholders.Shares trading 5.2% down premarket.

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Dainmer Scientific under pressure on stock offering
Stock Information
Company Name: Danimer Scientific Inc.
Stock Symbol: DNMR
Market: NYSE
Website: danimerscientific.com
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