Soliton Announces Filing of Form S-1 Registering the Shares Issued in Private Placement at $14.00 per Unit
Soliton, Inc. (SOLY)
Company Research
Source: PR Newswire
HOUSTON, July 2, 2019 /PRNewswire/ -- Soliton, Inc., (Nasdaq: SOLY) ("Soliton" or the "Company"), a medical device company with a novel and proprietary platform technology licensed from The University of Texas on behalf of the MD Anderson Cancer Center ("MD Anderson"), today announced the filing of a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC). This filing with the SEC is intended to register for resale the common stock underyling the $9.45 million of units sold at $14.00 per unit, which unit consists of one share of the Company's common stock and and a warrant to purchase .70 shares of common stock at $16.00 per share. This private placement was previously completed on June 19, 2019. The Company is not selling any shares under this Form S-1. The Company's Form S-1 registration statement has been filed with the SEC but has not yet become effective. These shares may not be sold nor may offers to buy be accepted prior to the time the regist
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