Astrotech announces $10 million bought deal offering of common stock

Austin, texas--(business wire)--astrotech corporation (nasdaq: astc), today announced that it has entered into an underwriting agreement with h.c. wainwright & co. under which the underwriter has agreed to purchase on a firm commitment basis 6,666,667 shares of common stock (or common stock equivalents in lieu thereof) of the company at a price to the public of $1.50 per share (or common stock equivalent), less underwriting discounts and commissions. the closing of the offering is expected
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