Minim Announces Pricing of $25 Million Public Offering of Common Stock
MANCHESTER, NH, July 29, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Minim, Inc. (NASDAQ: MINM) (the Company) today announced the pricing of an underwritten public offering of 10,000,000 shares of the Companys common stock at a public offering price of $2.50 per share for aggregate gross proceeds of approximately $22.7 million after deducting underwriting discounts, commissions, and other offering expenses.
- MANCHESTER, NH, July 29, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Minim, Inc. (NASDAQ: MINM) (the Company) today announced the pricing of an underwritten public offering of 10,000,000 shares of the Companys common stock at a public offering price of $2.50 per share for aggregate gross proceeds of approximately $22.7 million after deducting underwriting discounts, commissions, and other offering expenses.
- The offering is expected to close on or around August 2, 2021, subject to satisfaction of customary closing conditions.
- B. Riley Securities is acting as the sole book-running manager and Northland Capital Markets is acting as co-manager for the offering.
- Minim cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made.