Astrotech announces closing of $6.2 million registered direct offering priced at-the-market

Austin, texas--(business wire)--astrotech corporation (nasdaq: astc), today announced that it has closed its previously announced registered direct offering priced at-the-market under nasdaq rules of 2,887,906 shares of its common stock at a price of $2.15 per share for aggregate gross proceeds of $6.2 million. the company intends to use the net proceeds from this offering for continuing operating expenses and working capital. h.c. wainwright & co. acted as the exclusive placement agent for
ASTC Ratings Summary
ASTC Quant Ranking