Cemtrex, Inc. Announces $5.4 Million Registered Direct Offering Priced At-The-Market
Cemtrex Inc. (CETX)
Last cemtrex inc. earnings: 8/19 05:03 pm
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US:NASDAQ Investor Relations:
cemtrex.com/investor-relations
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Source: GlobeNewswire
Brooklyn, NY, June 10, 2020 (GLOBE NEWSWIRE) -- Brooklyn, NY, June 10, 2020 (GLOBE NEWSWIRE) – Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading multi-industry technology company that is driving innovation in a wide range of commercial sectors such as Internet of Things (IoT), Augmented and Virtual Reality (AR & VR), and Artificial Intelligence and Computer Vision (AI & CV), today announced it has entered into definitive agreements with institutional investors for the purchase and sale of shares of its common stock at a purchase price of $2.24 per share in a registered direct offering priced at-the-market under Nasdaq rules for gross proceeds of $5.4 million before deducting placement agent fees and expenses. The closing of the offering is expected to occur on or about June 12, 2020, subject to the satisfaction of customary closing conditions. Cemtrex intends to use the proceeds for general corporate purposes, including accelerating its technology development, sales, and marke
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News
- Cemtrex, Inc. (NASDAQ: CETX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Cemtrex, Inc. (NASDAQ: CETX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
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CETX
Sec Filings
- 4/23/24 - Form S-1/A
- 3/27/24 - Form DEF
- 3/21/24 - Form 25-NSE
- CETX's page on the SEC website