Strong Global Entertainment (SGE) Prices 1M Share Offering at $4/sh
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Strong Global Entertainment Announces Pricing of Initial Public Offering
May 15, 2023 8:25 PM EDTCharlotte, NC, May 15, 2023 (GLOBE NEWSWIRE) -- Strong Global Entertainment, Inc. (the Company) (NYSE American: SGE), today announced the pricing of its initial public offering of 1,000,000 shares of its Class A Common Voting Shares (the Common Shares) at a public offering price of $4.00 per share, for gross proceeds of $4 million, before deducting underwriting discounts and offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 150,000 Common Shares to cover over-allotments at the initial public offering price, less the underwriting discount.... More
