Kaspien (KSPN) Sells 416K Shares at $32.50 in Bought Deal
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Kaspien Announces $13.5 Million Bought Deal Offering of Common Stock
March 16, 2021 7:30 AM EDTSPOKANE, Wash., March 16, 2021 (GLOBE NEWSWIRE) -- Kaspien Holdings Inc. (Nasdaq: KSPN) (the Company), today announced that it has entered into an underwriting agreement with Aegis Capital Corp. under which the underwriter has agreed to purchase, on a firm commitment basis, 416,600 shares of common stock of the Company, at a price to the public of $32.50 per share. The closing of the offering is expected to occur on or about March 18, 2021, subject to customary closing conditions. The Company intends to use the net proceeds from this offering for general corporate purposes, including working... More
