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Staffing 360 Solutions Announces Closing of $7.58 Million Registered Direct Offering of Common ...


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Staffing 360 Solutions Announces Closing of $7.58 Million Registered Direct Offering of Common .
Staffing 360 Solutions, Inc.July 23, 2021 GMT
NEW YORK, July 23, 2021 (GLOBE NEWSWIRE) Staffing 360 Solutions, Inc. ( NASDAQ: STAF ), a company executing an international buy-integrate-build strategy through the acquisition of staffing organizations in the United States and the United Kingdom, today announced the closing of its previously announced registered direct offering, priced at-the-market under Nasdaq rules, of 2,199,132 shares of its common stock at a purchase price of $3.45 per share. The gross proceeds to the Company were approximately $7.58 million, before deducting the placement agent’s fees and other offering expenses payable by the Company. In a concurrent private placement, the Company also issued to the investors in the offering unregistered warrants to purch ....

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