REalloys Closes $100 Million Private Placement

GlobeNewswire··Read original
2▲1 ▼0Impact / 5
Summary · why it matters

REalloys has closed its previously announced private placement, raising aggregate gross proceeds of approximately $100 million before fees and expenses. The company sold 7,017,540 shares of common stock at $14.25 per share. Clear Street acted as the sole placement agent. REalloys intends to use the net proceeds for working capital and general corporate purposes.

Impact on assets 1

Critical Materials & Supply Chain▲ · 1 stocks
REalloys Inc.
ALOY
▲ PositiveCapitalrelevance

Closed $100M private placement, raising equity capital for working capital and corporate purposes.