Parabolic Technologies Prices 4.96 Million Units at $2.72 Each

Parabolic Technologies, Inc. (PARA) priced about 4.96 million units at $2.72 each in an underwritten public offering expected to raise approximately $13.5 million. The company is listed on Nasdaq. The offering’s unit count and price set its terms, while the proceeds figure is an estimate of the amount the transaction is expected to raise. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost