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Stock impact report

Pyxis Tankers Inc. Announces a $4.8 Million Private Placement of Common Stock

Pyxis Tankers Inc. (PXS) 
Last pyxis tankers inc. earnings: 3/20 07:00 am Check Earnings Report
Company Research Source: GlobeNewswire
Pyxis Tankers Inc. Announces a $4.8 Million Private Placement of Common Stock MAROUSSI, GREECE, December 6, 2017 - Pyxis Tankers Inc. (NASDAQ: PXS), (the "Company" or "Pyxis Tankers"), an emerging growth pure play product tanker company, today announced that it has entered into a definitive securities purchase agreement with a group of investors, which will result in gross proceeds to Pyxis Tankers of $4.8 million, before deducting placement offering expenses. Pyxis Tankers will issue 2,400,000 shares of common stock at a price of $2.00 per share. This private placement is expected to close on or before December 8, 2017, subject to customary closing conditions. Pyxis Tankers will use the net proceeds from the transaction for general corporate purposes, which may include the repayment of outstanding indebtedness. The securities offered and sold by Pyxis Tankers in the private placement have not been registered under the Securities Act of 1933, as amended (the "Securitie Show less Read more
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