AlphaTON Capital announces $15M registered direct offering

AlphaTON Capital (ATON) announced that it has entered into a definitive agreement for the purchase of an aggregate of 15M of its ordinary shares at a purchase price of $1.00 per ordinary share in a registered direct offering. The closing of the offering is expected to occur on or about January 14, subject to the satisfaction of customary closing conditions. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. The aggregate gross proceeds to the company from the offering are expected to be $15M, before deducting the placement agent fees and other offering expenses payable by the company.