Kaleyra Inc. (KLR) Prices 7.78M Share Common Offering at $4.50/Sh
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Kaleyra, Inc. Announces Pricing of Public Offering of Common Stock
June 25, 2020 12:34 AM EDTNEW YORK & VIENNA, Va.--(BUSINESS WIRE)-- Kaleyra, Inc. (NYSE American: KLR) (Kaleyra or the Company) today announced the pricing of its previously announced underwritten public offering (the Offering) of 7,777,778 shares of its common stock, par value $0.0001 per share (the Common Stock), at a public offering price of $4.50 per share. In addition, the underwriters have been granted a 30-day option to purchase up to 1,166,666 additional shares of Common Stock from the Company at the public offering price, less underwriting discounts and commissions. The Company intends to use the net proceeds that it will receive from the... More
