InvestorsHub Logo
Followers 1
Posts 671
Boards Moderated 0
Alias Born 09/10/2004

Re: SeanBoy post# 4734

Friday, 07/21/2017 6:15:16 PM

Friday, July 21, 2017 6:15:16 PM

Post# of 7417
Sean...did i misinterpret this?

BIO-key raised $1 million through the sale of common stock priced at $3.60 per share, a 42%
premium to yesterday’s closing price, in a private placement with an existing investor and
member of its Board. Additionally, BIO-key has secured a $5 million Common Stock Purchase
Agreement with a 36-month term from an accredited institutional investor. BIO-key, at its sole
discretion, is able to sell up to a total of $5 million of its common stock to the institutional
investor in a series of transactions with a floor price no lower than $3.60 per share, provided
certain conditions are met, including the Company’s stock trading in excess of $3.83 per share.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent BKYI News