Milestone scientific inc. announces pricing of $3.0 million public offering of common stock

Roseland, n.j., dec. 10, 2023 (globe newswire) -- milestone scientific inc. (nyse:mlss), a leading developer of computerized drug delivery instruments that provide painless and precise injections, today announced the pricing of an underwritten public offering of 4,765,000 shares of its common stock at a price of $0.63 per share (the “offering”). gross proceeds before underwriting discounts and commissions and estimated offering expenses are expected to be approximately $3.0 million. the offering is expected to close on december 13, 2023, subject to customary closing conditions.
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