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 | ||
0.1931 USD | -1.28% | -10.19% | -50.00% |
25/04 | SuperCom Receives over $5.0 million in New Orders from European Governments | CI |
22/04 | SuperCom Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-50.00% | 4.52M | |
+2.50% | 95.99B | |
+1.88% | 44.43B | |
-1.81% | 17.11B | |
+5.17% | 14.94B | |
+6.83% | 9.88B | |
+62.26% | 4.8B | |
-25.19% | 3.11B | |
-16.24% | 1.16B | |
-21.97% | 826M |
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- SuperCom Ltd. announced that it expects to receive $2.921816 million in funding