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Alanco Technologies to Raise About $500000 in Registered Direct Offering, Shares Fall
Latest Stock, Bond and Currency market News – Alanco Technologies (ALAN) says it will sell to institutional investors about $500000 of securities in a registered direct offering. It will sell an aggregate of up to 2173913 shares of Common Stock and Warrants exercisable for up to 760871 additional shares of its Common Stock. Each unit, consisting of one share of Common Stock and 0.35 of a Warrant to purchase a share of Common Stock, will be so…
Tags: Alan, Alanco, Analysis, Market, News, Offering, Stock, Technologies, Trading
