SINTX Technologies (SINT) Prices 28.4M Share Offering at $0.047/sh

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Go back to SINTX Technologies (SINT) Prices 28.4M Share Offering at $0.047/sh

SINTX Technologies Announces Pricing of $1.3 Million Public Offering of Common Stock

March 25, 2024 9:00 AM EDT

SALT LAKE CITY, UT, March 25, 2024 (GLOBE NEWSWIRE) -- SINTX Technologies, Inc. (NASDAQ: SINT) (SINTX or the Company), an original equipment manufacturer of advanced ceramics, today announced the pricing of its previously announced public offering of 28,400,000 shares of its common stock at a public offering price of $0.047 per share. Gross proceeds from the offering are expected to be approximately $1.3 million before deducting placement agent fees and estimated offering expenses. The offering is expected to close on March 26, 2024, subject to customary closing conditions. SINTX intends to use the net proceeds of the offering, if any, for... More