UniPixel, Inc., today announced that it completed a public offering of 10,530,000 units, comprised of common shares and warrants. Each unit consists of one share of UniPixel common stock, par value $0.001 per share (“Common Stock”), priced at $0.95 per share, and warrants to purchase 0.45 shares of Common Stock at an exercise price of $1.00 per share, exercisable for a period of five years from the date of the closing of the Offering.
Roth Capital Partners acted as lead placement agent in the Offering, with Ladenburg Thalmann & Co. Inc. and The Benchmark Company serving as co-placement agents.
The Offering is expected to close on or prior to February 21, 2017, subject to satisfaction of customary closing conditions. The warrants will not be separately listed for trading.
The Offering was conducted on a “best efforts” basis pursuant to a prospectus supplement and an accompanying prospectus filed as part of an effective shelf registration statement (File No. 333-200316) declared effective by the U.S. Securities and Exchange Commission (“SEC”) on July 10, 2015. Copies of the preliminary prospectus supplement and the accompanying prospectus relating to the offering are available free of charge on the SEC’s website at www.sec.gov. Electronic copies of the preliminary prospectus supplement and the accompanying prospectus may also be obtained from the offices of Roth Capital Partners, 888 San Clemente, Suite 400, Newport Beach, CA 92660, (800) 678-9147, or by accessing the SEC’s website, www.sec.gov
