Summary by Futu AI
ShiftPixy, Inc., a company listed on The Nasdaq Capital Market under the symbol 'PIXY,' has announced a securities offering on a best efforts basis. The offering includes 590,000 shares of common stock, pre-funded warrants to purchase up to 586,470 shares of common stock, and common warrants to purchase up to 1,176,470 shares of common stock. The shares and warrants are immediately separable but must be purchased together. The public offering price is set at $4.25 per share and accompanying common warrant, while the pre-funded warrant and accompanying common warrant are priced at $4.2499. The common warrants are exercisable immediately at $4.25 per share and will expire five years from the date of issuance. The pre-funded warrants have an exercise price of $0.0001 per share...Show More