Sept 15 (Reuters) - Communications Systems Inc JCS.O :
* COMMUNICATIONS SYSTEMS, INC. ANNOUNCES UPDATED $32.0 MILLION EQUITY FINANCING TO CLOSE CONCURRENTLY WITH CSI–PINEAPPLE MERGER
* COMMUNICATIONS SYSTEMS - ENTERED INTO AMENDED AND RESTATED SECURITIES PURCHASE AGREEMENT WITH INSTITUTIONAL INVESTORS TO MAKE $32 MILLION PRIVATE PLACEMENT INVESTMENT
* COMMUNICATIONS SYSTEMS INC - PROCEEDS OF INVESTMENT WILL BE USED PRIMARILY TO FUND PINEAPPLE STRATEGIC INITIATIVES FOLLOWING CONSUMMATION OF MERGER
* COMMUNICATIONS SYSTEMS INC - AMENDED AND RESTATED SECURITIES PURCHASE AGREEMENT REPLACES A $25.0 MILLION ORIGINAL SECURITIES PURCHASE AGREEMENT
Source text for Eikon: ID:nBw1lPzgfa Further company coverage: JCS.O
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