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Stock impact report

Smith Micro Completes Concurrent Equity Offerings Raising $6.9 Million

Smith Micro Software, Inc. (SMSI) 
Last smith micro software, inc. earnings: 3/5 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: smithmicro.com/company/investors/overview
Company Research Source: Business Wire
Founder and CEO Bill Smith Leads with $3.0 Million Investment PITTSBURGH--(BUSINESS WIRE)--Smith Micro Software, Inc. (the “Company” or “Smith Micro”) (NASDAQ: SMSI) today announced the completion of investments in Company securities in two offerings: a registered offering with certain institutional and accredited investors and an unregistered offering with the Company’s chief executive officer. Both offerings were priced based on the market value of the offered securities as of the time of signing the purchase agreements, and the gross proceeds of the two offerings is $6.9 million, including the investment of $3.0 million made by the Company’s chief executive officer.Registered OfferingThe Company has completed its offering of 3,321,881 registered shares of its common stock (together with accompanying unregistered warrants) at a price of $1.165 per share to certain institutional and accredited investors pursuant to a definitive agreement with the investors (the “Registered Offerin Show less Read more
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