tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Solarwindow completes capital raise

SolarWindow (WNDW) Technologies announced the closing of a $3,900,000 capital raise through self-directed concurrent domestic and offshore offerings to a total of nine investors, five domestic and four international. This capital raise consisted of an offer and sale of 12,580,646 units at a purchase price of $0.31 per unit. Each unit consisted of one share of the Company’s common stock, and a warrant to purchase an additional share of common stock at an exercise price of $0.47 per share for a period of three years commencing immediately from the original date of issuance of the warrant. No commissions were paid by or on behalf of SolarWindow to any person in connection with the capital raise. In addition to the $3,900,000 raised at closing, SolarWindow could receive an additional $5,912,904 should all warrants be fully exercised, resulting in a total raise of $9,812,904.

Claim 70% Off TipRanks Premium

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1