Safe-T (SFET) Announces Pricing of $9.75 Million Registered Direct Offering of ADSs and Warrants
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Safe-T Group Ltd. Announces Pricing of $9.75 Million Registered Direct Offering
February 16, 2021 8:30 AM ESTHerzliya, Israel, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Safe-T® Group Ltd. (Nasdaq, TASE: SFET), a provider of secure access solutions and intelligent data collection, today announced that it has entered into definitive agreements with accredited and institutional investors in connection with a registered direct offering, providing for the issuance of an aggregate of (i) 4,615,000 American depositary shares (ADSs) at a purchase price of $2.00 per ADS, and (ii) 260,000 pre-funded warrants each to purchase one ADS (Pre-Funded Warrants). The Pre-Funded Warrants will be sold at a price of $2.00 each, including the Pre-Funded Warrant exercise... More
