other material
confidence high
sentiment neutral
materiality 0.60
REalloys closes $100M private placement (7,017,540 shares at $14.25)
REALLOYS INC.
- Gross proceeds of ~$100M from sale of 7,017,540 common shares at $14.25/share.
- Clear Street LLC acted as sole placement agent for the offering.
- Net proceeds to be used for working capital and general corporate purposes.
- Company agreed to file resale registration statement with the SEC.
- Securities issued in reliance on Section 4(a)(2) / Rule 506(b) exemption.