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Stock impact report

Vislink Technologies Announces Pricing of $12,000,000 Public Offering

Vislink Technologies, Inc. (VISL)  More Company Research Source: GlobeNewswire
PDF HACKETTSTOWN, NJ, July 11, 2019 (GLOBE NEWSWIRE) -- Vislink Technologies, Inc. (“Vislink”) (NASDAQ: VISL) today announced the pricing of an underwritten public offering of (i) 1,550,000 shares of common stock together with common stock warrants (the “common warrants”) to purchase 1,550,000 shares of common stock and (ii) 4,450,000 pre-funded warrants, with each pre-funded warrant exercisable for one share of common stock, together with common warrants to purchase 4,450,000 shares of common stock. The shares of common stock (or pre-funded warrants, as applicable) and accompanying common warrants are being sold together at a combined public offering price of $2.00 per share. The common warrants will have an exercise price of $5.00 per share, will be immediately exercisable and will expire five years from the date of issuance. The common warrants also provide that if during the period of time between the date that is the earlier of (i) 20 days after issuance and (ii) if the Common Stoc [Read more]
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