other material
confidence high
sentiment neutral
materiality 0.50
MultiSensor AI sells 1.58M shares for ~$4.3M under B. Riley purchase agreement
MultiSensor AI Holdings, Inc.
- Sold 1,581,213 common shares at net proceeds of approximately $4.3 million to B. Riley Principal Capital II.
- Outstanding common shares increased to 32,107,265 as of January 7, 2025.
- Sale executed under the previously disclosed Common Stock Purchase Agreement dated April 16, 2024.
- Use of proceeds not specified in the filing.