other material
confidence high
sentiment neutral
materiality 0.50
Applied Energetics raises $4.17M via private placement of 1.9M shares at $2.20
APPLIED ENERGETICS, INC.
- Sold 1,896,182 shares at $2.20/share for aggregate proceeds of $4,171,600.
- All purchasers are accredited, sophisticated investors; offering exempt under Section 4(a)(2).
- Transaction closed May 10, 2024; shares issued in private sale not a public offering.