other material
confidence high
sentiment negative
materiality 0.75
Aqua Metals prices $17.4M public offering of 15.82M shares at $1.10/share
Aqua Metals, Inc.
- Underwritten offering of 15,820,000 shares at $1.10/share; gross proceeds ~$17.4M.
- Underwriter granted 30-day option for up to 2,373,000 additional shares.
- Closing expected July 21, 2023; The Benchmark Company acting as sole book-runner.
- Proceeds for working capital, Phase One build-out of Nevada recycling campus, and general corporate purposes.