ShiftPixy (PIXY) Prices $5 Million Private Placement of Common Stock, Warrants

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ShiftPixy, Inc. Announces Pricing of $5 Million Private Placement

September 21, 2022 8:30 AM EDT

MIAMI--(BUSINESS WIRE)-- ShiftPixy, Inc. (Nasdaq: PIXY) (ShiftPixy or the Company), a Florida-based national staffing enterprise which designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, today announced that it has entered into a securities purchase agreement with a single U.S. institutional investor for a private placement of common stock and warrants exercisable for common stock expected to result in gross proceeds to the Company of approximately $5 million before deducting placement agent commissions and other transaction-related expenses payable by the Company. In the... More