2023-05-16 07:31:46 ET
- Consumer karaoke products company, The Singing Machine Company ( NASDAQ: MICS ), said on Tuesday that it has terminated its at-the-market equity program with Aegis Capital as sales agent.
- The company said it terminated the program because the objective of raising capital has been achieved.
- The company sold ~1.07M shares under the program and raised ~$1.74M in gross proceeds, or ~$1.64 per share.
- MICS shares were trading +14.29% pre-market.
- Source: Press Release
For further details see:
The Singing Machine terminates at-the-market equity program