Energous (WATT) Announces 1.02M Share Offering at $1.96/sh

Go back to Energous (WATT) Announces 1.02M Share Offering at $1.96/sh

Energous Announces $2.0 Million Registered Direct Offering Priced At-The-Market under Nasdaq Rules

February 15, 2024 7:00 PM EST

SAN JOSE, Calif. & FREMONT, Calif.--(BUSINESS WIRE)-- Energous Corporation (Energous or the Company) (NASDAQ: WATT), an industry leader in RF-based wireless power network solutions, announced today that it has entered into a definitive securities purchase agreement with a certain institutional investor for the purchase and sale of 1,020,409 shares of the Companys common stock (or common stock equivalents) and warrants to purchase up to 1,020,409 shares of common stock at an offering price of $1.96 per share of common stock (or common stock equivalent) and accompanying warrant in a registered direct offering priced at-the-market under... More