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home / news releases / sunworks announces 4 6m registered direct offering

SUNW - Sunworks announces $4.6M registered direct offering

Sunworks Inc.

2023-06-08 09:25:26 ET

  • Sunworks ( NASDAQ: SUNW ) has entered into a definitive agreement with a single ESG-focused institutional investor for the purchase and sale of 4.05M shares of the Co.'s common stock at a purchase price of $1.14/share of common stock in a registered direct offering.
  • The gross proceeds are expected to be $4.62M and it intends to use the net proceeds for working capital and other general corporate purposes.
  • The closing of the offering is expected to occur on or about June 9.
  • SUNW -7.74% premarket to $1.43.

For further details see:

Sunworks announces $4.6M registered direct offering
Stock Information
Company Name: Sunworks Inc.
Stock Symbol: SUNW
Market: NASDAQ
Website: sunworksusa.com
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