other material
confidence high
sentiment neutral
materiality 0.70
Genasys prices $10M public offering of 5M shares at $2.00/share
Genasys Inc.
- 5,000,000 shares priced at $2.00 each for gross proceeds of $10M.
- Underwriters granted a 30-day option to buy up to 750,000 additional shares.
- Offering expected to close on or about October 2, 2023.
- Net proceeds for general corporate purposes, including R&D and Evertel integration.
- Roth Capital Partners is sole book-runner; Joseph Gunnar & Co. is co-manager.