Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
The latest announcement is out from Expion360, Inc. (XPON).
Expion360 Inc. has successfully entered into an underwriting agreement with Aegis Capital Corp. for a public offering of 50 million units, with each unit consisting of common stock shares and Series A and B warrants, with an option for pre-funded warrants to avoid exceeding ownership thresholds. The offering netted roughly $8.7 million, which will be used to repay debts and for general corporate purposes. Additionally, the company has settled its obligations under a senior convertible note and terminated a common stock purchase agreement in conjunction with the offering.
Find detailed analytics on XPON stock on TipRanks’ Stock Analysis page.
