other material
confidence high
sentiment neutral
materiality 0.75
Tigo Energy raises $15M via registered direct offering of 5M shares at $3.00 each
TIGO ENERGY, INC.
- Gross proceeds of $15M from sale of 5M shares at $3.00/share; closing expected Feb 26, 2026.
- Net proceeds for general corporate and working capital purposes.
- Directors and officers subject to 30-day lock-up; company restricted from variable rate transactions for 6 months.
- Craig-Hallum acts as placement agent; fee 4.5% of gross proceeds plus expense reimbursement up to $75,000.
- Offering under existing effective shelf registration statement S-3 (filed Sep 2024).