other material
confidence high
sentiment neutral
materiality 0.40
QuickLogic raises $1.5M in registered direct offering of 256,200 shares at $5.93/share
QUICKLOGIC Corp
- On March 6, 2025, QuickLogic entered Common Stock Purchase Agreements with institutional investors for a registered direct offering.
- Total shares sold: 256,200; gross proceeds ~$1.5 million; per-share price $5.93 (based on 3-day VWAP as of March 5, 2025).
- Net proceeds intended for general corporate and working capital purposes, with possible future acquisitions or investments.
- Offering made under an effective Form S-3 registration statement; prospectus supplement dated March 10, 2025.