- SG Blocks Inc (NASDAQ:SGBX) entered into a securities purchase agreement with a single U.S. institutional investor for the purchase and sale of ~3.16 million shares of its common stock, together with warrants to purchase up to ~1.89 million shares for gross proceeds of ~$11.55 million.
- Each share and accompanying common warrant are being sold at a combined offering price of $3.65, and each common stock equivalent and accompanying common warrant are being sold at a combined offering price of $3.649.
- The common warrants will have an exercise price of $4.80 per share and will expire five years from the date of issuance.
- The offering is to close on October 27, 2021.
- Price Action: SGBX shares closed lower by 23.96% at $3.65 on Monday.
Pyxis Oncology FY21 EPS $(8.95) Up From $(12.45) YoY
Pyxis Oncology (NASDAQ:PYXS) reported quarterly losses of $(8.95) per share. This is a 28.11 percent increase over losses of $(12.45) per share from the same period last year.
