FingerMotion to Raise $5 Million Via Stock, Warrants Offering; Shares Fall Pre-Bell

MT Newswires Live
2024-12-20

Shares of FingerMotion (FNGR) were down premarket Friday after the technology company said it sealed an agreement with investors to raise $5 million in gross proceeds via the sale of common stock and warrants in a registered direct offering.

The offering is expected to close on Monday and FingerMotion said it intends to use net proceeds for general corporate purposes.

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