Sg Blocks, Inc. (SGBX) Announces Direct 3.16M Share Offering at $3.65/sh
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SG Blocks Announces $11.55 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules
October 25, 2021 8:30 AM EDTNEW YORK--(BUSINESS WIRE)-- SG Blocks, Inc. (NASDAQ: SGBX) ("SG Blocks" or the "Company"), a leading designer, innovator and fabricator of modular structures, announced today it has entered into a securities purchase agreement with a single U.S. institutional investor for the purchase and sale of 3,164,384 shares of its common stock (or common stock equivalents in lieu thereof in the form of pre-funded warrants) together with warrants to purchase up to 1,898,630 shares of common stock for gross proceeds of approximately $11.55 million. Each share of common stock and accompanying common warrant are being... More
