Cemtrex, Inc. Closes $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 15, 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 closed its registered direct offering with multiple institutional investors for the purchase and sale of 2,402,923 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. After paying Offering fees and expenses, the Company received net proceeds of approximately $5 million from the Offering. Cemtrex intends to use the proceeds for general corporate purposes, including accelerating its technology development, sales, and marketing activities in key growth segments inc
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CETX
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
- Cemtrex, Inc. (NASDAQ: CETX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Cemtrex's Vicon Industries to Attend ISC West 2024 [Yahoo! Finance]Yahoo! Finance
- Cemtrex’s Vicon Industries to Attend ISC West 2024GlobeNewswire
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