Perma-Fix closes $6.2M public offering of 1M shares at $6.20 per share

PERMA FIX ENVIRONMENTAL SERVICES INC

Sold 1,000,000 shares at $6.20/share, gross proceeds $6.2M; closed October 4, 2021.
Net proceeds approx. $5.8M after fees and expenses; no warrants issued.
Funds to be used for growth capital (facility expansions, Test Bed Initiative) and working capital.
Placement agent Wellington Shields & Co. received 6% cash fee plus expense reimbursement up to $50,000.
Offering made under effective shelf registration statement (Form S-3, effective May 22, 2019).

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