Digirad Corporation Announces Pricing 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 26, 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 pricing of an 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 is being 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, are expected to be approximately $5.0 million. The common warrants will be immediately exercisable at a price of $2.25 per share of common stock and will expire five years from the date of issuance. The shares of common stock and the accompanying common warrants can only be purchased toget
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