WaveDancer (WAVD) Announces $1.875 million Equity Financing
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WaveDancer Announces $1.875 million Equity Financing
August 16, 2022 9:00 AM EDTFAIRFAX, Va., Aug. 16, 2022 (GLOBE NEWSWIRE) -- WaveDancer (NASDAQ: WAVD) announced today that it sold approximately 1,562,500 shares of its common stock at a price of $1.20 per share, in a private investment in public equity (PIPE) financing.
The Company estimates net proceeds from the PIPE will be approximately $1.875 million, after deducting attorneys fees and other expenses. No commissions were paid in connection with this financing, which was led by the Companys Chairman and CEO, Mr. Jamie Benoit, with participation from existing investors, Company executives, and members of the... More
