Parabolic Technologies Closes $13.5 Million Public Offering
Bitget2026/11/05 19:31- Parabolic Technologies closed its underwritten public offering, raising approximately $13.5 million in gross proceeds before underwriting fees and other offering expenses.
- The offering comprised 4,963,235 Common Units or Pre-Funded Units, with Common Units priced at $2.72 each.
- Each unit included one Class A Common Stock share or Pre-Funded Warrant, alongside two Common Warrants.
- Each Common Warrant carries an initial exercise price of $6.80 per share, with an alternative cashless exercise option.
- Aegis Capital received a 45-day overallotment option covering additional shares equivalent to 15% of Common Units sold and/or additional Common Warrants equivalent to 30%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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