Singularity Future Technology (SGLY) said Friday it priced a registered direct offering of 700,000 common shares at $1.63 per share for gross proceeds of about $1.1 million.
The offering is expected to close on or about Jan. 27, the company said.
The company's shares fell nearly 39% in recent trading.
Price: 1.62, Change: -1.02, Percent Change: -38.64
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