- EZGO Technologies Ltd (NASDAQ:EZGO) has entered into a definitive securities purchase agreement, dated as of June 5, 2023, with certain purchasers, each an unrelated third party to the company.
- The purchasers agreed to subscribe for and purchase an aggregate of 10 million shares at $0.85 per unit.
- Each unit consists of one ordinary share and one warrant to purchase one ordinary share at a price of $1.20 per share.
- The warrants will become exercisable for cash or on a cashless basis upon issuance and will expire one year after the issuance date.
- The company expects to receive net proceeds of approximately $8.47 million from the issuance and sale of the units.
- EZGO intends to use the net proceeds for working capital and general business purposes.
- Price Action: EZGO shares are trading lower by 10.5% at $1.36 in premarket on Tuesday.
Sientra Reports Preliminary Unaudited Q3 2023 Financial Results And Provides Update On Outlook; Sees Revenue Of $19.2M-$19.7M Vs $24.25M Est.;
Sientra, Inc. (NASDAQ:SIEN) ("Sientra" or the "Company"), a surgical aesthetics company delivering the safest and most innovative solutions for the best outcomes, today announced preliminary unaudited financial results
