Bk technologies corporation announces pricing of $11 million public offering

West melbourne, fl / accesswire / june 6, 2021 / bk technologies corporation (nyse american:bkti), ("bk technologies" or the "company") today announced the pricing of its underwritten public offering of 3,695,000 shares of its common stock at a public offering price of $3.00 per share, for aggregate gross proceeds of $11,085,000, before deducting underwriting discounts and commissions and estimated offering expenses. in addition, the company has granted the underwriters a 45-day option to purchase up to an additional 554,250 shares of common stock to cover over-allotments, if any, at the public offering price, less the underwriting discounts and commissions.
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