Brief: eMagin to enter into early warrant exercise transaction

eMagin

19/08/2016 12:01

Aug 19 (Reuters) - eMagin Corp  EMAN.A  
    * Enters into early warrant exercise transaction 
    * Early warrant exercise transaction with certain of 
company's warrant holders to raise about $4.5 million in gross 
proceeds 
    * Portion of proceeds from transaction will be utilized to 
fund company's growth initiatives with consumer AR/VR 
partnerships 
    * Warrant holders will be issued new warrants to purchase up 
to 2.9 million unregistered shares of stock at an exercise price 
of $2.60 per share 
 
Source text for Eikon:  ID:nBw5KcjT1a  
Further company coverage:  EMAN.A  
 
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