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Re: Jld3294 post# 5160

Friday, 12/29/2017 1:05:00 PM

Friday, December 29, 2017 1:05:00 PM

Post# of 6286
Better Question: Why'd WNDW sell UNITS for $3.11 if a breakthru is near?

"Mon October 2, 2017 8:30 AM|Business Wire|About: WNDW

COLUMBIA, Md.--(BUSINESS WIRE)-- SolarWindow Technologies, Inc. (WNDW) is pleased to announce that the company has completed a private placement financing for approximately $2.6 million (the “Financing”) from four investors, three of whom have been long-term shareholders and supporters of SolarWindow. The company intends to use the proceeds from the Financing for general working capital purposes..."

"The Financing consisted of the issuance by the company of 821,600 units at a purchase price of $3.11 per unit, with each unit consisting of 1 share of common stock and 1 share purchase warrant, having an initial exercise price of $3.42 and a five-year term."

https://seekingalpha.com/pr/16956213-solarwindow-completes-financing-advance-manufacturing-marketing-product-fabrication

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