Staffing 360 Solutions Announces Pricing of $19.7 Million Public Offering of Common Stock Staffing 360 Solutions, Inc.
NEW YORK, Feb. 09, 2021 (GLOBE NEWSWIRE) Staffing 360 Solutions, Inc. (
NASDAQ: STAF), a staffing 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 pricing of a public offering of 21,855,280 shares of its common stock (or common stock equivalents in lieu thereof) at a price to the public of $0.90 per share of common stock (or common stock equivalent). The aggregate gross proceeds from this offering are expected to be approximately $19.7 million, before deducting placement agent fees and other estimated offering expenses payable by Staffing. The offering is expected to close on or about February 12, 2021, subject to satisfaction of customary closing conditions.