Energous raises $5M gross in registered direct offering and concurrent warrant exercise

Energous Corp

Gross proceeds of ~$5M from offering and warrant exercise; net proceeds ~$4.1M from offering plus ~$364k from warrant exercise.
Offering comprised 120,000 common shares, 465,347 pre-funded warrants, and 585,347 warrants at $7.92 per unit.
Concurrent exercise of 47,764 old warrants at reduced exercise prices; new unregistered warrants issued at $7.79 strike.
Placement agents Rodman & Renshaw and H.C. Wainwright received agent warrants for 40,974 and 3,343 shares respectively.
Proceeds to be used for working capital and general corporate purposes.

item 1.01item 3.02item 8.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.