Vislink Technologies Inc. (VISL) Prices $4M Offering of Common Stock, Warrants
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VISLINK TECHNOLOGIES, INC. PRICES $4,000,000 PUBLIC OFFERING
November 25, 2019 9:16 AM ESTNEW YORK, Nov. 25, 2019 (GLOBE NEWSWIRE) -- Vislink Technologies, Inc. (Vislink or the Company) (Nasdaq: VISL), today announced the pricing of an underwritten public offering with expected total gross proceeds of approximately $4,000,000, before deducting underwriting discounts, commissions and other offering expenses payable by the Company.
The securities offered by the Company consist of (i) 3,201,200 shares of common stock together with 3,201,200 Warrants (the Warrants) to purchase 2,400,900 shares of common stock and (ii) 11,893,100 pre-funded warrants, with each pre-funded warrant exercisable for one share of common stock, together with 11,893,100 common warrants to... More
