ToughBuilt Industries Announces Pricing Of $3.5M Public Offering Of 772,628 Shares Of Its Common Stock At A Price Of $4.53/Share
ToughBuilt Industries Announces Pricing Of $3.5M Public Offering Of 772,628 Shares Of Its Common Stock At A Price Of $4.53/Share
ToughBuilt Industries, Inc. ("ToughBuilt" or the "Company") (NASDAQ:TBLT, TBLTW))))), today announced the pricing of a public offering of 772,628 shares of its common stock (or pre-funded warrants in lieu thereof), together with warrants to purchase up to 772,628 shares of its common stock at an offering price to the public of $4.53 per share (or pre-funded warrant) and associated warrant. The warrants will have an exercise price of $4.405 per share, be exercisable upon issuance, and will expire five years following the date of issuance. The closing of the offering is expected to occur on or about February 16, 2024, subject to the satisfaction of customary closing conditions.
ToughBuilt Industries, Inc.（“ToughBuilt” 或 “公司”）（纳斯达克股票代码：TBLT，TBLTW）））今天宣布，公开发行772,628股普通股（或预先筹资的认股权证）的定价，以及以每股4.53美元的发行价购买最多772,628股普通股的认股权证（或预先注资的认股权证）和相关的认股权证。认股权证的行使价为每股4.405美元，可在发行时行使，并将在发行之日起五年后到期。此次发行预计将于2024年2月16日左右结束，但须满足惯例成交条件。
H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.
H.C. Wainwright & Co. 担任本次发行的独家配售代理。
The gross proceeds to the Company from the offering are expected to be approximately $3.5 million, before deducting the placement agent's fees and other offering expenses payable by ToughBuilt. The Company intends to use the net proceeds from this offering for general corporate purposes, including working capital.
在扣除配售代理费和ToughBuilt应支付的其他发行费用之前，公司从本次发行中获得的总收益预计约为350万美元。公司打算将本次发行的净收益用于一般公司用途，包括营运资金。