Viewbix (VBIX) said Friday that it has signed agreements for a $4.5 million private placement priced at-the-market under Nasdaq rules.
The company said it will issue 925,923 units and pre-funded units at $4.86 per unit.
Each unit includes one share of common stock and one common warrant exercisable at $4.74 per share. The common warrants will be exercisable immediately and have a term of 5.5 years from issuance, Viewbix said.
Closing is expected on or about Monday, the company said.
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