Sunworks (SUNW) Announces 3.3M Share Offering at $1/sh

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Go back to Sunworks (SUNW) Announces 3.3M Share Offering at $1/sh

Sunworks Announces $3.3 Million Registered Direct Offering of Common Stock

August 9, 2023 8:03 AM EDT

PROVO, UT / ACCESSWIRE / August 9, 2023 / Sunworks, Inc. (NASDAQ: SUNW) "Sunworks" or the "Company"), a leading provider of solar power and battery storage solutions for residential, agriculture, commercial, industrial, and public works markets, today announced that it has entered into a definitive agreement with a single ESG-focused institutional investor for the purchase and sale of 3,300,000 shares of the Company's common stock at a purchase price of $1.00 per share of common stock in a registered direct offering. The closing of the offering is expected to occur on or about August 11, 2023, subject to the satisfaction of... More