Aterian Announces Pricing of $40 Million Private Placement
NEW YORK, June 10, 2021 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER) (Aterian or the Company) announced today that it has entered into a securities purchase agreement with several institutional investors for a private placement of the Companys common stock (the Private Placement).
- NEW YORK, June 10, 2021 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER) (Aterian or the Company) announced today that it has entered into a securities purchase agreement with several institutional investors for a private placement of the Companys common stock (the Private Placement).
- The Private Placement is expected to result in gross proceeds to the Company of approximately $40 million before deducting placement agent fees and other transaction-related expenses payable by the Company.
- The Private Placement is expected to close on or about June 15, 2021, subject to the satisfaction of customary closing conditions.
- A.G.P./Alliance Global Partners is acting as the sole placement agent for the Private Placement.