Smith Micro Software Inc. has announced a follow-on offering involving the issuance of 1,612,903 registered shares of common stock, accompanied by unregistered warrants. These shares are priced at $0.93 each, while the warrants allow the purchase of an additional 1,612,903 shares at an exercise price of $1.20 per share. The warrants will be immediately exercisable and will expire five years after issuance. The offering is expected to generate gross proceeds of approximately $1.5 million, which the company plans to use for working capital and general corporate purposes. Chardan acted as the financial advisor, and legal counsel was provided by Buchanan Ingersoll & Rooney PC for the company and Haynes and Boone, LLP for the investors.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。