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-0.0406091370558375 -0.0406091370558375 -0.0964467005076142 -0.0761421319796954 -0.152284263959391 -0.182741116751269 -0.152284263959391 -0.126903553299492
Stock impact report

Aterian Announces Pricing of $20 Million Registered Direct Offering

Aterian, Inc. (ATER) 
Company Research Source: GlobeNewswire
NEW YORK, Sept. 30, 2022 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER) (“Aterian” or the “Company”) today announced the pricing of a registered direct offering of 10,526,368 shares of its common stock (or, in lieu of shares of common stock, pre-funded warrants to purchase common stock (the “pre-funded warrants”)) and accompanying warrants to purchase 10,526,368 shares of its common stock. Each share of common stock and accompanying warrant will be sold at a combined offering price of $1.90 (minus $0.0001 for pre-funded warrants). The pre-funded warrants will have an exercise price of $0.0001 per share of common stock. The accompanying warrants are exercisable six months from closing for a period of 5 years at an exercise price of $2.00 per share. The offering is being led by existing shareholder Armistice Capital Master Fund Ltd. In addition, the Company’s Co-Founder and Chief Executive Officer, Yaniv Sarig; Chief Financial Officer, Arturo Rodriguez; Chief Legal Officer and Glo Show less Read more
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