SuperCom Ltd. announced that it has entered into purchase agreement with a single institutional investor to issue 8,116,155 ordinary shares and also agreed to issue warrants to purchase up to an aggregate of 8,116,155 ordinary shares at a combined effective purchase price for one ordinary share and a warrant to purchase one ordinary share will be $0.36 for the gross proceeds of $2,921,815.8 on April 18, 2024. The warrants will be immediately exercisable upon issuance, will expire five years from the date of issuance, and will have an exercise price of $0.38 per ordinary share. The transaction is expected to close on or about April 19, 2024, subject to the satisfaction of customary closing conditions.
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5-day change | 1st Jan Change | ||
0.2068 USD | -0.34% | -17.94% | -46.45% |
Apr. 25 | SuperCom Receives over $5.0 million in New Orders from European Governments | CI |
Apr. 22 | SuperCom Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-46.45% | 4.79M | |
+0.15% | 92.72B | |
+11.46% | 48.49B | |
-13.76% | 12.71B | |
+6.61% | 10.03B | |
+63.89% | 4.84B | |
-24.28% | 3.16B | |
-15.11% | 1.68B | |
-5.35% | 1.22B | |
-20.07% | 810M |
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