Netlist (NLST) Enters $10M Common Sales Agreement with Ascendiant Capital

November 22, 2011 4:24 PM EST
Netlist, Inc. (Nasdaq: NLST) entered into a Sales Agreement with Ascendiant Capital Markets, LLC.

Pursuant to the Sales Agreement, the Company may offer and sell shares of its common stock having an aggregate offering price of up to $10,000,000, from time to time through the Sales Agent.

The sales, if any, of the Shares under the Sales Agreement will be made in “at the market” offerings as defined in Rule 415 of the Securities Act of 1933, including sales made directly on the NASDAQ Global Market, on any other existing trading market for the Shares or to or through a market maker.


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