Innovative eyewear, inc. announces $1.025 million registered direct offering priced at-the-market under nasdaq rules

Miami, april 29, 2024 /prnewswire/ -- innovative eyewear, inc. ("innovative eyewear" or the "company") (nasdaq: lucy; lucyw), the developer and seller of smart eyewear, today announced that it has entered into a definitive agreement for the issuance and sale of 4,200,822 shares of its common stock at a purchase price per share of $0.244 in a registered direct offering priced at-the-market under nasdaq rules. additionally, in a concurrent private placement, innovative eyewear has also agreed to issue unregistered warrants to purchase up to 4,200,822 shares of common stock at an exercise price of $0.244 per share.
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