- Streamline Health Solutions ( NASDAQ: STRM ) shares fell 4% premarket on Tuesday after the company announced a ~$8.3M stock offering.
- The company entered into purchase agreements to sell 6,299,989 shares of common stock in a registered direct offering to certain investors at a purchase price of $1.32/share.
- Gross proceeds to Streamline from the offering are expected to be approximately $8.3M. Proceeds from the offering will be used for general corporate purposes.
- The offering is expected to close on or about October 26, 2022.
For further details see:
Streamline Health Solutions dips on ~$8.3M stock offering