Aegis Capital Corp Acted as Sole Bookrunner on a $39 7 Million Upsized Follow-On Offering for Document Security Systems, Inc (NYSE American: DSS) pittsburghstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pittsburghstar.com Daily Mail and Mail on Sunday newspapers.
ROCHESTER, N.Y., Feb. 09, 2021 (GLOBE NEWSWIRE) Document Security Systems, Inc. (NYSE American: DSS) (the “Company”), a multinational company operating businesses focusing on brand protection technology, blockchain security, direct marketing, healthcare, real estate, and securitized digital assets, today announced the closing of an upsized underwritten public offering with gross proceeds to the Company of approximately $34.5 million as well as the simultaneous exercise of the underwriter’s over-allotment option for additional gross proceeds of approximately $5.2 million. The Company expects to receive total gross proceeds of approximately $39.7 million, before deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company. The Company issued 14,167,247 shares of common stock at a price of $2.80 per share. The Company intends to use the net proceeds from this offering, together with existing cash, to fund the developm
2/5/2021 6:46:52 PM GMT
Midway through trading Friday, the Dow traded up 0.23% to 31,128.24 while the NASDAQ rose 0.39% to 13,832.16. The S&P also rose, gaining 0.35% to 3,885.30.
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 26,679,630 cases with around 455,870 deaths. India confirmed a total of at least 10,802,590 confirmed cases and 154,820 deaths, while Brazil reported over 9,396,290 COVID-19 cases with 228,790 deaths. In total, there were at least 104,947,760 cases of COVID-19 worldwide with over 2,286,250 deaths, according to data compiled by Johns Hopkins University.
Leading and Lagging Sectors
Materials shares rose 1.6% on Friday. Meanwhile, top gainers in the sector included Marrone Bio Innovations Inc MBII 22.05%, up 10%, and LSB Industries, Inc. LXU 10.25%, up 14%.
Shares of LAIX Inc. (NYSE: LAIX) got a boost, shooting 138% to $6.08 following a report a Chinese securities regulator approved the merging of two exchanges, Shenzhen s main board and the small- to medium-enterprise board.
Aurora Mobile Limited (NASDAQ: JG) shares were also up, gaining 42% to $5.66. Aurora Mobile partnered with short video social platform Kuaishou Technology, also known as TikTok competitor, to drive the latter’s monetization efficacy.
Equities Trading DOWN
ATA Creativity Global (NASDAQ: AACG) shares tumbled 52% to $6.89 on profit-taking after the stock rose 936% yesterday.
Shares of Document Security Systems, Inc. (NYSE: DSS) were down 25% to $3.24 after the company priced its $34.5 million upsized public offering of common stock.
Shares of LAIX Inc. (NYSE: LAIX) got a boost, shooting 163% to $6.72 following a report a Chinese securities regulator approved the merging of two exchanges, Shenzhen s main board and the small- to medium-enterprise board.
Aurora Mobile Limited (NASDAQ: JG) shares were also up, gaining 72% to $6.86. Aurora Mobile partnered with short video social platform Kuaishou Technology, also known as TikTok competitor, to drive the latter’s monetization efficacy.
Equities Trading DOWN
ATA Creativity Global (NASDAQ: AACG) shares tumbled 40% to $8.51 on profit-taking after the stock rose 936% yesterday.
Shares of Document Security Systems, Inc. (NYSE: DSS) were down 29% to $3.08 after the company priced its $34.5 million upsized public offering of common stock.