Sigma Labs Inc (SASI)

[Pisd]

The Nasdaq uplisting is not assured, but the warrants will issue regardless, to my understanding. IPO, Introductory Public Offering is for a private company to be offered to the public, but this is already a public company, so no IPO. The pricing and total amount of the warrants has not been specifically announced yet exactly to my understanding, but with the goal to raise $10M.

Could you or someone more familiar with S-1 comment and explain what is going on? From my understanding they are applying for Nasdaq uplisting and will be offering IPO on Nasdaq for 10M offering and then spend 3.5M on machinery etc. Did I interpret this correctly or can someone more familiar with the current state of SGLB explain more clearly?