ShiftPixy (PIXY) Prices $12 Million Public Offering of Common Stock, Warrants

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ShiftPixy, Inc. Announces Pricing of $12 Million Public Offering

October 9, 2020 8:00 AM EDT

MIAMI, Oct. 09, 2020 (GLOBE NEWSWIRE) -- ShiftPixy, Inc. (the Company) (Nasdaq: PIXY), a Florida-based gig engagement platform provider, today announced the pricing of an underwritten public offering with expected total gross proceeds of $12,000,000, before deducting underwriting discounts, commissions and other offering expenses payable by the Company.

The securities offered by the Company consist of 4,000,000 shares of common stock together with warrants (the Warrants) to purchase up to 2,000,000 shares of common stock. Each share of common stock and accompanying Warrant are being sold together at a combined public offering price of... More