Neighborhood Intelligence Announces Registered Direct Offering of 16.49M Shares at $2.76 Per Share
Offering priced at the closing price with warrants exercisable at a 25% premium to the close and non-exercisable for the first six monthsNeighborhood Intelligence (NASDAQ:NXH) ("Neighborhood" or the
Neighborhood Intelligence is selling millions of new shares at the current stock price. This brings in cash for the company but spreads ownership among more shareholders.
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