-+ 0.00%
-+ 0.00%
-+ 0.00%

Parabolic Technologies Prices $13.5 Million Public Offering

PUBT·11/04/2026 13:45:53
语音播报
Parabolic Technologies Prices $13.5 Million Public Offering
  • Parabolic Technologies priced an underwritten public offering at $2.72 per Common Unit, targeting approximately $13.5 million in gross proceeds.
  • The 4,963,235 Common Units or Pre-Funded Units each contain one Class A Common Stock share or Pre-Funded Warrant and two Common Warrants.
  • Each Common Warrant carries a $6.80 exercise price per share, with an alternative cashless exercise option.
  • Closing is expected on or about November 5, 2026, subject to customary conditions.
  • Net proceeds, together with existing cash, will fund general corporate purposes, working capital and repayment of certain outstanding indebtedness.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Parabolic Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611040845PRIMZONEFULLFEED9870076) on November 04, 2026, and is solely responsible for the information contained therein.