Energous (WATT) Prices 8.25M Share Offering at $0.40/sh

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Energous Announces Pricing of $3.3 Million Offering of Common Stock and Warrants

March 24, 2023 8:00 AM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Energous Corporation (NASDAQ: WATT), a leading developer of RF-based wireless power networks, today announced the pricing of an underwritten offering of shares of the companys common stock and warrants. The shares of common stock are being sold at a public offering price of $0.40 per share and accompanying warrant.

The aggregate gross proceeds from this offering are expected to be approximately $3.3 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the company and excluding the exercise of any... More