Brief: Unusual Machines Announces Pricing Of Initial Public Offering

Unusual Machines

14/02/2024 16:48

Feb 14 (Reuters) - Unusual Machines Inc  UMAC.A :
    * UNUSUAL MACHINES ANNOUNCES PRICING OF INITIAL PUBLIC
OFFERING
    * PRICING OF ITS INITIAL PUBLIC OFFERING OF 1.25 MILLION
SHARES OF
COMMON STOCK AT A PUBLIC OFFERING PRICE OF $4.00 PER SHARE
    * EXPECTS TO RECEIVE AGGREGATE GROSS PROCEEDS OF $5.0
MILLION FROM
OFFERING
    * PROCEEDS FROM OFFERING WILL BE USED TO PAY CASH PORTION OF
PURCHASE PRICE FOR FAT SHARK AND ROTOR RIOT ACQUISITIONS

Source text for Eikon:  ID:nGNX6yz1W1 
Further company coverage:  UMAC.A 

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