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0.00952380952380953 0.00952380952380953 0.0380952380952381 0.0666666666666667 0 0.00895238095238102 0.0571428571428572 0.00952380952380953
Stock impact report

Smith Micro Founder and CEO Bill Smith to Invest $3.0 Million in Financing

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
Anticipated Proceeds of Two Concurrent Financings Total $6.9 Million PITTSBURGH--(BUSINESS WIRE)--Smith Micro Software, Inc.(the “Company” or “Smith Micro”) (NASDAQ: SMSI) today announced that it has entered into definitive agreements with respect to two separate offerings; a registered offering with certain institutional and accredited investors, and an unregistered offering with the Company’s chief executive officer. Both offerings have been priced based on the market value of the offered securities as of the time of signing the purchase agreements. The aggregate gross proceeds of the two offerings are expected to be approximately $6.9 million, which includes a committed investment of $3.0 million from the Company’s chief executive officer.Registered OfferingThe Company and certain investors have entered into a definitive agreement for the issuance of an aggregate of 3,321,881 registered shares of the Company’s common stock (together with an accompanying unregistered warrant) at Show less Read more
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