VerifyMe falls after announcing $5 mln share private placement
12/04/2022 22:06
** Shares of technology solutions provider VerifyMe Inc
VRME.O down 6.6% at $2.9 in extended trading
** Co says it sold ~$5 mln worth of shares to accredited
investors in private placement at $3.215 urn:newsml:reuters.com:*:nPn2LcBhLa
** VRME has 22.4 mln shares outstanding and 20 mln shares of
public float, per Refinitiv
** Up to Tuesday's close, VRME shares had lost 1.2% YTD
(Reporting by Kannaki Deka in Bengaluru)
((Kannaki.Deka@thomsonreuters.com))