Gee group announces closing of $50 million underwritten public offering

Jacksonville, fl / accesswire / april 19, 2021 / gee group inc. (amex:job) ("gee" or the "company"), a provider of professional staffing services and solutions, today announced the closing of its underwritten public offering of 83,333,333 shares of its common stock at a public offering price of $0.60 per share, for gross proceeds of approximately $50,000,000, before deducting the underwriting discount and commissions and offering expenses payable by the company. gee has granted the underwriters a 45-day option to purchase up to an additional 12,499,999 shares of the company's common stock to cover over-allotments, if any, at the public offering price, less the underwriting discount.
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