other material
confidence high
sentiment positive
materiality 0.75
Nocera raises $6.58M in public offering, lists on Nasdaq via 2-for-3 reverse split
NOCERA, INC.
- Gross proceeds $6.58M from 1.88M units at $3.50/unit; net proceeds ~$5.3M after underwriting discounts and expenses.
- Each unit consists of one share and one warrant to purchase two shares at $3.85 (110% of offering price), exercisable for five years.
- Common stock began trading on Nasdaq Capital Market under NCRA on August 11, 2022, following a 2-for-3 reverse stock split.
- Underwriters have a 45-day option to purchase up to 282,000 additional units to cover over-allotments.