The Glimpse Group Announces Closing of $14.1 Million Initial Public Offering and Full Exercise of Underwriter’s Over-Allotment Option
July 06, 2021 22:18 ET | Source: The Glimpse Group The Glimpse Group
NEW YORK, July 06, 2021 (GLOBE NEWSWIRE) via
NewMediaWire The Glimpse Group, Inc. (NASDAQ: VRAR) (“Glimpse” or the “Company”), a diversified Virtual Reality and Augmented Reality (“VR” and “AR”) platform company providing enterprise-focused VR and AR software & services solutions, today announced the closing of an underwritten initial public offering of 2,012,500 shares of common stock, which included the full exercise of the underwriter’s over-allotment option, at a public offering price of $7.00 per share for gross proceeds of approximately $14.1 million, prior to deducting underwriting discounts, commissions, and other offering expenses.
The Glimpse Group Appoints Alexander Ruckdaeschel and Maydan Rothblum to its Board of Directors
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