Bk technologies corporation announces closing of public offering, including full exercise of underwriters' over-allotment option

West melbourne, fl / accesswire / june 9, 2021 / bk technologies corporation (nyse american:bkti), ("bk technologies" or the "company") today announced the closing of its previously announced public offering of 4,249,250 shares of its common stock at a public offering price of $3.00 per share, for aggregate gross proceeds of $12,747,750, before deducting underwriting discounts and commissions and estimated offering expenses. the shares sold in the offering include the exercise in-full by the underwriters of their over-allotment option to purchase up to 554,250 shares of common stock in addition to the 3,695,000 shares of the company's common stock, which the underwriters initially agreed to purchase.
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