EMKR - EMCORE announces pricing of $15.8 million public offering
2023-08-17 08:11:52 ET
- EMCORE Corporation ( NASDAQ: EMKR ) Thursday announced the pricing of an underwritten public offering of 19,652,174 shares of its common stock, and, to certain investors, pre-funded warrants to purchase 11,900,000 shares.
- The offering price to the public is $0.50 per share of common stock and $0.49999999 for each pre-funded warrant.
- All of the shares and warrants in the offering are being sold by EMCORE.
- Gross proceeds from the offering is expected to be about $15.8 million.
- EMKR -38% premarket to $0.47
- Source: Press Release
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EMCORE announces pricing of $15.8 million public offering