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DMRC - Digimarc to raise ~$58M through equity offering
Digimarc Corporation
Digimarc Corporation (NASDAQ:DMRC) to issue 2.25M common shares in a registered direct offering to certain investors at a price of $25.90 per share. Gross proceeds expected to be approximately $58.3M. The offering is expected to close on or about April 7, 2022. Net proceeds will be used for general corporate purposes.