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Smith Micro Completes Concurrent Equity Offerings Raising $6.9 Million
Last smith micro software, inc. earnings: 3/5 04:00 pm
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US:NASDAQ Investor Relations: smithmicro.com/company/investors/overview
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
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NEWS
- Smith Micro Software, Inc. (NASDAQ: SMSI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.[MarketBeat]
- Smith Micro Software, Inc. (NASDAQ: SMSI) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.[MarketBeat]
- Smith Micro founder and CEO Bill Smith to invest $3M in financing [Seeking Alpha][Seeking Alpha]
- Smith Micro Founder and CEO Bill Smith to Invest $3.0 Million in Financing[Business Wire]
- Smith Micro Software, Inc. (NASDAQ: SMSI) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.[MarketBeat]
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SEC Filings
SEC Filings
- 10/28/24 - Form S-1
- 10/22/24 - Form 4
- 10/22/24 - Form 4
- SMSI's page on the SEC website
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