Perma-fix Environmental announces common stock offering, no amount given

Perma-Fix Environmental (PESI) Services announced that it has commenced an underwritten public offering of shares of its common stock. Perma-Fix intends to use the net proceeds from the offering to fund (i) costs relating to capacity upgrades at its Perma-Fix Northwest Richland facility, (ii) continued development relating to its patent-pending Perma-FAS process for the destruction of PFAS; and (iii) general corporate and working capital purposes. Craig-Hallum is acting as sole managing underwriter for the proposed offering.