Precipio Provides Clarification To Recent S-1 Filing
Precipio, Inc. (PRPO)
US:NASDAQ Investor Relations:
precipiodx.com/investors.html
Company Research
Source: GlobeNewswire
NEW HAVEN, Conn., Jan. 15, 2020 (GLOBE NEWSWIRE) -- The management team of Specialty diagnostics company Precipio, Inc. (NASDAQ: PRPO), would like to provide several clarification points related to the recent S-1 that was filed yesterday, on January 14, 2020: Yesterday’s filing was only for the registration (not sale) of the final tranche of the $10M equity line financing vehicle facilitated by Lincoln Park Capital. This $10M equity line transaction was previously announced in the company’s 8-K filing on September 7, 2018 and approved by shareholders on December 20, 2018. In order to utilize the equity line, the company is required to register all shares in advance. Regulatory limitations on the number of shares the company can register relative to the number of shares outstanding require that these shares be registered in tranches. The shares under the $10M equity line facility were registered as follows: Tranche 1: Approximately 466,000 shares were registered on September 14,
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PRPO
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- PRPO's page on the SEC website