Resonant Inc. Announces Signing of Securities Purchase Agreement to Raise Up to $9.3 Million in Gross Proceeds
Resonant Inc. (RESN)
Last resonant inc. earnings: 3/10 04:05 pm
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US:NASDAQ Investor Relations:
ir.resonant.com
Company Research
Source: Marketwire
GOLETA, CA -- (Marketwired) -- 09/26/17 -- Resonant Inc. (NASDAQ: RESN), a designer of filters for radio frequency, or RF, front-ends that specializes in delivering designs for difficult bands and complex requirements, today announced it has entered into a definitive agreement with various institutional and individual accredited investors to raise gross proceeds of approximately $9.3 million in a private placement of units at a per-unit price of $4.70 (the Offering). Each unit consists of one share of the Company's common stock, par value $0.001 per share (Common Stock), and one warrant to purchase one share of Common Stock at an exercise price of $4.85 per share, exercisable for a period commencing six months and ending three years from the date of the closing of the Offering. The Offering is expected to close on or prior to September 29, 2017, subject to satisfaction of customary closing conditions. Details of the Offering will be included in a Current Report on Fo
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