Digirad Corporation Announces Closing of $5.0 Million Underwritten Public Offering
DIGIRAD (DRAD)
Last digirad earnings: 11/3 06:00 am
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US:NASDAQ Investor Relations:
drad.client.shareholder.com
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Source: GlobeNewswire
SUWANEE, Ga., May 28, 2020 (GLOBE NEWSWIRE) -- Digirad Corporation (Nasdaq: DRAD; DRADP) (“Digirad” or the “Company”), a diversified holding company with three operating divisions: healthcare, building and construction, and real estate and investments, today announced the closing of its previously announced underwritten public offering of 2,225,000 shares of its common stock and warrants to purchase up to 1,112,500 shares of the Company’s common stock (the “Common Warrants”). Each share of common stock was sold together with one common warrant to purchase 0.5 shares of common stock at a price of $2.25 per share and common warrant. Gross proceeds, before deducting underwriting discounts and offering expenses, were approximately $5.0 million. In addition, Digirad granted to Maxim Group LLC, a 45-day option to purchase up to an additional 225,000 shares of common stock and/or 225,000 Common Warrants to purchase up to 112,500 shares of common stock, at the public offering price less
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