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Alvie

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Alvie

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Monday, 05/06/2024 5:07:11 PM

Monday, May 06, 2024 5:07:11 PM

Post# of 1054
"On May 3, 2024, the Company closed its previously announced sale to the Purchasers of 10,000 shares of the Preferred Shares and warrants to purchase 4,473,272 shares of the Company’s common stock, par value $0.0001 per share, for a total aggregate purchase price of $10 million. The Company received net proceeds of approximately $9.9 million after deducting expenses. The Company intends to use the net proceeds for working capital and general corporate purposes."

This is the equivalent of $2.2355 per share.
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