Perma-Fix prices ~$20M registered direct offering of 2.05M shares at $9.75 for PFAS development and capex

PERMA FIX ENVIRONMENTAL SERVICES INC

Gross proceeds ~$20M from 2,051,282 shares at $9.75 per share; closing expected May 24, 2024.
Proceeds to fund continued R&D and commercial unit for PFAS destruction process, plus facility capex and general corporate.
Placement agents Craig-Hallum and Wellington Shields receive 6% cash fee and warrants for 61,538 shares at $12.19.
Offering is registered under effective S-3; prospectus supplement filed with SEC.

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