Form 8-K Presto Automation Inc. For: Nov 16

Go back to Form 8-K Presto Automation Inc. For: Nov 16

Presto (PRST) Enters 7.75M Share Stock Purchase Agreements

November 21, 2023 4:55 PM EST

On November 17, 2023, Presto (NASDAQ: PRST) entered into common stock purchase agreements (the Purchase Agreements) with several investors (the Purchasers) relating to the issuance and sale of an aggregate of 7,750,000 shares of the Companys common stock, par value $0.0001 per share (the Offering).

Pursuant to the Purchase Agreements, the Company will issue 4,000,000 shares of common stock at an offering price of $1.00. The offering also includes the issuance of 3,750,000... More