NXT-ID, INC. Announces $4,000,000 Registered Direct Offering and Concurrent Private Placement as Part of Debt Reduction Program
NXT-ID Inc. (NXTD)
US:NASDAQ Investor Relations:
nxt-id.com/investor-relations
Company Research
Source: Marketwire
MELBOURNE, FL -- (Marketwired) -- 11/09/17 -- NXT-ID, INC. (NASDAQ: NXTD), a security technology company, today announced that it has entered into definitive agreements with several institutional investors (including existing investors) to purchase an aggregate of approximately $4,000,000 of shares of common stock in a registered direct offering and common stock warrants to purchase an additional 0.85 shares of common stock in a concurrent private placement. The units of common stock and warrants will be priced at $1.36. The warrants sold in the private placement will be exercisable six months following the date of issuance, will expire on the fifth anniversary of the date they become exercisable, and have an exercise price of $2.00. Upon closing the Company anticipates that it will issue a total of approximately 2.94 million registered common shares and unregistered warrants to purchase approximately 2.50 million common shares. The offering is expected to yield gross proceeds
Show less
Read more
Impact Snapshot
Event Time:
NXTD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NXTD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NXTD alerts
High impacting NXT-ID Inc. news events
Weekly update
A roundup of the hottest topics