ShiftPixy (PIXY) Announces 2.265M Share Offering at $1.10/sh

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ShiftPixy, Inc. Announces $2.5 Million Registered Direct Offering and Concurrent Private Placement

October 6, 2023 8:00 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 definitive agreement with a single U.S. institutional investor for the purchase and sale of 2,265,000 shares of the Companys common stock (or common stock equivalents in lieu thereof) in a registered direct offering and warrants to purchase up to 2,265,000 shares of common stock in a concurrent private placement (together with the... More