other material
confidence high
sentiment neutral
materiality 0.50
eGain issues warrant to JPMC for 500k shares at $7.10, grants board observer rights
EGAIN Corp
- Issued warrant to JPMC Strategic Investments I Corporation for 500,000 shares of common stock at $7.10 per share.
- Senior executive of JPMC granted non-voting board observer rights under separate agreement.
- Warrant issuance exempt from registration under Section 4(a)(2); JPMC is an accredited investor.