Surna completes $1.8M equity offering [Seeking Alpha]
SURNA INC (SRNA)
US:NASDAQ Investor Relations:
surna.com/investor-relations
Company Research
Source: Seeking Alpha
Surna completes $1.8M equity offeringSurna (OTCQB:SRNA) completed a private placement offering at a price of $0.12 per unit, with certain accredited investors.The Company issued a total of 14,734,000 units for aggregate proceeds of $1,768,080.Each unit consisted of one share of common stock and one three-year warrant for the purchase of one share of common stock at an exercise price of $0.20 per share."Surna (OTCQB:SRNA) has recently expanded both its sales and project management teams with key hires, with the objective of ramping organic growth over the next 24 months, and this private placement will help further accelerate that growth plan," stated Chris Bechtel, the Company's Chief Executive Officer. "We are also gratified that a number of our existing stockholders expressed continued confidence in the plan by increasing their investments in the company, and we believe it is also noteworthy that Surna's own management team subscribed for 18% of the units in this offering," added Mr
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