Beam global announces pricing of $7.5 million bought deal offering

San diego, nov. 23, 2020 (globe newswire) -- beam global , (nasdaq: beem, beemw) (“beam” or “the company”), a provider of innovative sustainable technology for electric vehicle (“ev”) charging, outdoor media and energy security, today announced that it has entered into an underwriting agreement with maxim group llc under which the underwriter has agreed to purchase, on a firm commitment basis, 250,000 shares of common stock of the company, at a price to the public of $30.00 per share, less underwriting discounts and commissions. the gross proceeds from the public offering will be approximately $7.5 million, before deducting underwriting discounts and commissions and estimated offering expenses.
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