Expion360 (XPON) Announces 1.05M Share Offering at $2.36/sh
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Expion360 Inc. Announces $2.6 Million Registered Direct and Private Placements Priced at the Market Under Nasdaq Rules
January 2, 2025 12:56 PM ESTREDMOND, Ore., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (the Company), an industry leader in lithium-ion battery power storage solutions, today announced that it has entered into definitive agreements with institutional investors for the purchase and sale of shares of its common stock, par value $0.001 per share (Common Stock) and pre-funded warrants to purchase Common Stock (each, a Pre-Funded Warrant) in a registered direct offering. In a concurrent private placement, the Company also agreed to sell to the same investors warrants to purchase Common Stock (the Warrants). Aggregate gross proceeds to the Company from... More
