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Monday, February 01, 2021 5:04:24 PM
Naked Brand Group Announces Pricing of $50 Million Registered Direct Offering Priced At-The-Market
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January 27, 2021
SYDNEY, AUSTRALIA / ACCESSWIRE / January 27, 2021 / Naked Brand Group Limited (NASDAQ:NAKD) ("Naked" or the "Company"), a global leader in intimate apparel and swimwear, today announced that it has entered into securities purchase agreements with certain institutional investors for the issuance and sale of 29,415,000(MY BAD NOT 36) of its ordinary shares at a price of $1.70 per share, for aggregate gross proceeds of approximately $50 million, in a registered direct offering priced at-the-market under Nasdaq rules.
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IN BLACK AND WHITE YET AGAIN
Sorry isn't 36
SO it is 12.39% dilution and we're down 13.94 HMMMMMMMMMMMMM
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