Genasys (GNSS) Prices 5M Share Offering at $2/sh

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Go back to Genasys (GNSS) Prices 5M Share Offering at $2/sh

Genasys Announces Pricing of $10 Million Public Offering of Common Stock

September 28, 2023 8:44 AM EDT

SAN DIEGO, Sept. 28, 2023 (GLOBE NEWSWIRE) --  Genasys Inc. (Genasys or the Company) (Nasdaq: GNSS), the leader in Protective Communications solutions, today announced the pricing of its previously announced underwritten public offering of 5,000,000 shares of its common stock at a public offering price of $2.00 per share of common stock, for gross proceeds of $10 million, before underwriting discounts and commissions and offering expenses. In addition, the Company has granted the underwriters a 30-day option to purchase up to 750,000 additional shares of common stock at the public offering price per share of common stock, less the... More