Liqtech prices public offering of common stock and pre-funded warrants

Ballerup, denmark, may13, 2022  /prnewswire/ -- liqtech international, inc. (nasdaq: liqt) ("liqtech" or the "company"), a clean technology company that manufactures and markets highly specialized filtration technologies, today announced the pricing of an underwritten public offering of 15,635,850 shares of common stock at an offering price of $0.50 per share and pre-funded warrants to purchase 30,425,000 shares of common stock at an offering price of $0.499 per pre-funded warrant, which represents the per share offering price of the company's common stock less the $0.001 per share exercise price for each pre-funded warrant for total gross proceeds of approximately $23.0 million, before underwriting discounts and commissions and offering expenses payable by liqtech. the offering is expected to close on or about may 17, 2022, subject to the satisfaction or waiver of customary closing conditions.
LIQT Ratings Summary
LIQT Quant Ranking