374Water Inc (SCWO) Prices $12.2M Offering at $1.25/sh
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374Water Inc. Announces Pricing of $12.2 Million Registered Direct Offering
November 15, 2024 8:03 AM ESTDURHAM, NC / ACCESSWIRE / November 15, 2024 / 374Water Inc. (NASDAQ: SCWO), a global leader in organic waste destruction technology for the municipal, federal, and industrial markets, today announced that it entered into a securities purchase agreement with certain investors to purchase approximately $12.2 million worth of its common stock and warrants in a registered direct offering.
Under the terms of the securities purchase agreement, the Company has agreed to sell 9,783,496 shares of its common stock, par value $0.0001 ("Common Stock") and warrants ("Warrants") to purchase 14,675,244 shares of Common Stock. The Warrants will be... More
