SUNation Energy (SUNE) said Monday that it has closed the final tranche of its previously announced securities purchase agreement with certain institutional investors, raising $5 million.
The final tranche included the sale of about 4.3 million common shares, series A warrants to purchase about 17.4 million common shares, and series B warrants to purchase about 17.4 million common shares for $1.15 per share and associated warrants, according to the company.
SUNation Energy said the securities purchase agreement raised a total of approximately $20 million, including $15 million from the initial tranche. Funds will be used for operations and other general corporate purposes, the company added.
Shares of SUNation Energy were down more than 68% in recent Monday trading.
Price: 0.07, Change: -0.15, Percent Change: -68.06
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。