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ShiftPixy | S-1: General form for registration of securities under the Securities Act of 1933

SEC announcement ·  Jan 29 16:24
Summary by Moomoo AI
ShiftPixy, Inc., a Wyoming-based company, has filed a Form S-1 registration statement with the Securities and Exchange Commission (SEC) on January 29, 2024, signaling its intent to conduct a sale of securities to the public. The offering includes common stock, common warrants to purchase additional shares, and pre-funded warrants, along with the shares of common stock underlying both the common and pre-funded warrants. The company's common stock is listed on The Nasdaq Capital Market under the symbol 'PIXY.' The offering is to be conducted on a best efforts basis, with no minimum number of securities or aggregate proceeds required for the offering to close. The actual public offering price will be determined between ShiftPixy, the placement agent A...Show More
ShiftPixy, Inc., a Wyoming-based company, has filed a Form S-1 registration statement with the Securities and Exchange Commission (SEC) on January 29, 2024, signaling its intent to conduct a sale of securities to the public. The offering includes common stock, common warrants to purchase additional shares, and pre-funded warrants, along with the shares of common stock underlying both the common and pre-funded warrants. The company's common stock is listed on The Nasdaq Capital Market under the symbol 'PIXY.' The offering is to be conducted on a best efforts basis, with no minimum number of securities or aggregate proceeds required for the offering to close. The actual public offering price will be determined between ShiftPixy, the placement agent A.G.P./Alliance Global Partners, and the investors. The common warrants will be exercisable immediately upon issuance and will expire five years from the date of issuance. The pre-funded warrants, aimed at investors with ownership limitations, will be exercisable for one share of common stock at a nominal price and are being offered together with the common warrants. The offering also includes shares of common stock issuable upon the exercise of the pre-funded and common warrants. The proceeds from the offering are intended for general corporate purposes, including working capital and operating expenses. The offering is expected to close on or about the date specified in the prospectus, subject to customary closing conditions.
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