Genasys announces pricing of $10 million public offering of common stock

San diego, sept. 28, 2023 (globe newswire) --  genasys inc. (“genasys” or the “company”) (nasdaq: gnss), the leader in protective communications solutions, today announced the pricing of its previously announced underwritten public offering of 5,000,000 shares of its common stock at a public offering price of $2.00 per share of common stock, for gross proceeds of $10 million, before underwriting discounts and commissions and offering expenses. in addition, the company has granted the underwriters a 30-day option to purchase up to 750,000 additional shares of common stock at the public offering price per share of common stock, less the underwriting discounts and commissions. the offering is expected to close on or about october 2, 2023, subject to customary closing conditions.
GNSS Ratings Summary
GNSS Quant Ranking