Iveda Solutions, Inc. (IVDA) Prices 5M Share Offering at $0.43/sh
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Iveda Announces $2.15 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
September 5, 2024 8:00 AM EDTMESA, Ariz.--(BUSINESS WIRE)-- Iveda Solutions, Inc. (NASDAQ: IVDA), the global leader in cloud-based AI, today announced that it has entered into definitive agreements for the sale and issuance of 5,000,000 shares of common stock (or pre-funded warrants in lieu thereof) of the Company at an offering price of $0.43 per share (or per pre-funded warrant in lieu thereof), in a registered direct offering priced at-the-market under the Nasdaq rules. In a concurrent private placement, Iveda will issue unregistered Series A warrants to purchase up to 5,000,000 shares of common stock and unregistered Series B... More
