SINTX Technologies (SINT) Announces $5M Private Placement at $3.45/sh

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SINTX Technologies Announces $5 Million Private Placement Priced At-the-Market under Nasdaq Rules

February 26, 2025 8:00 AM EST

Salt Lake City, Utah, Feb. 26, 2025 (GLOBE NEWSWIRE) -- SINTX Technologies, Inc., (SINTX or the Company) (Nasdaq: SINT), a leader in advanced ceramics for medical applications, today announced that it has, pursuant to a securities purchase agreement with institutional and accredited investors dated February 20, 2025, issued and sold 1,449,287 shares of common stock (or pre-funded warrants in lieu therof) at a purchase price of $3.45 per share (or pre-funded warrant in lieu thereof) in a private placement priced at-the-market under Nasdaq rules. In addition, the Company issued to the investors in the offering unregistered warrants (the warrants) to... More