Presto Automation Announces Pricing of $1.2M Registered Direct Offering Priced above Nasdaq Minimum Price
The offering is expected to close on or about March 18, 2024, subject to the satisfaction of customary closing conditions.
- The offering is expected to close on or about March 18, 2024, subject to the satisfaction of customary closing conditions.
- Chardan is acting as sole placement agent for the offering.
- The gross proceeds to Presto from this offering are expected to be approximately $1.2 million, before deducting Chardan’s fees and other offering expenses payable by Presto.
- Presto intends to use the net proceeds from this offering for working capital and general corporate purposes.