Brief: PolarityTE Announces $10 Mln Direct Offering

RegenETP,

12/01/2021 12:29

Jan 12 (Reuters) - PolarityTE Inc  PTE.O :
    * POLARITYTE ANNOUNCES $10.0 MILLION REGISTERED DIRECT
OFFERING
PRICED AT-THE-MARKET UNDER NASDAQ RULES
    * POLARITYTE INC - ENTERED INTO SECURITIES PURCHASE
AGREEMENT
PROVIDING FOR PURCHASE AND SALE OF 9.1 MILLION SHARES OF ITS
COMMON STOCK
    * POLARITYTE - EACH SHARE OF COMMON IS BEING SOLD TOGETHER
WITH
ONE WARRANT TO PURCHASE 1 SHARE OF COMMON STOCK AT COMBINED
PURCHASE PRICE OF $1.10

Source text for Eikon:  ID:nBw8VBwsQa 
Further company coverage:  PTE.O 

 ((Reuters.Briefs@thomsonreuters.com;))