Cemtrex, Inc. Announces Closing of $10 Million Upsized Underwritten Public Offering
CETXCemtrex(CETX) Newsfilter·2024-05-03 21:50

Hauppauge, NY, May 03, 2024 (GLOBE NEWSWIRE) -- – Cemtrex, Inc. (NASDAQ:CETX) (the "Company"), an advanced security technology and industrial services company, today announced the closing of a firm commitment underwritten public offering with gross proceeds to the Company of approximately 10million,beforedeductingunderwritingdiscountsandotherestimatedexpensespayablebytheCompany.Theofferingwasupsizedfrom10 million, before deducting underwriting discounts and other estimated expenses payable by the Company. The offering was upsized from 9 million. The base offering consisted of 11,764,705 Common Units or Pre-Funded Units ...