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0.0149355782996089 0.0149355782996089 0.0149355782996089 0.0149355782996089 0.0149355782996089 0.0149355782996089 0.0234824042221319 0.0234824042221319
Stock impact report

Ability Inc. Announces Closing of Registered Direct Offering

ABILITY INC ORDINARY SHARES (ABIL) 
Company Research Source: GlobeNewswire
Tel Aviv, Israel, Aug. 16, 2018 (GLOBE NEWSWIRE) -- Ability Inc. (Nasdaq:ABIL), which provides advanced interception, geolocation and cyber intelligence products and solutions to intelligence agencies, military forces, law enforcement agencies and homeland security agencies worldwide, today announced the closing of its previously announced registered direct offering of 728,262 ordinary shares, at a purchase price per share of $4.60, for gross proceeds of approximately $3.35 million. H.C. Wainwright & Co. acted as the exclusive placement agent for the offering. Ability Inc. intends to use the net proceeds from this offering for working capital and general corporate purposes. The ordinary shares were offered by Ability Inc. pursuant to a “shelf” registration statement on Form F-3 that was filed on July 23, 2018 and declared effective by the Securities and Exchange Commission (“SEC”) on August 8, 2018 and the base prospectus contained therein (File No. 333-226288). Copies of the fi Show less Read more
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