Investors that are looking for more SPAC news are in luck. PIXY stock was down slightly as of Friday afternoon. This company’s goal is the acquisition of “one or more commercial insurance company “shells” licensed to conduct business throughout the United States.”
However, the units are still one share of common stock and one-half of one redeemable warrant. The last company on the list differs with plans to offer 50 million units. In this company’s case, the goal is to acquire one or more technology staffing companies. Just like the last two, this offering would include 25 million units with them being one share of stock and one-half of a redeemable warrant. The company seeks to acquire one or more health and nursing staffing companies after its IPO. Yet again, the price here would be $10 per unit. The proposed offering would include 25 million units with thee also being one stock and one half of a warrant. The company seeks to acquire one or more light industrial staffing companies after going public. The proposed offering would have this company offering 25 million units to the public made up of one share of stock and one half of a redeemable warrant. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Here are the four SPACs that ShiftPixy is acting as the sponsor of. This will have it backing the initial public offerings (IPO) of four SPACs. It was identified as such in a Form S-1 filed with the Securities and Exchange Commission (SEC). ShiftPixy has revealed that it will be sponsoring SPACs through a newly-created wholly-owned subsidiary. The combined offering price for each common share along with a common warrant was $1.595.The net proceeds from the offering will be used for certain PIXY expenses as well as for general corporate purposes.A photo of wooden blocks that say SPAC on a folded newspaper. Moreover, the sale of 4,673,511 pre-funded warrants with each pre-funded warrant exercisable for one share of common stock, together with common warrants to purchase up to 4,673,511 shares of common stock was also announced in the agreement. PIXY signed a securities purchase agreement with certain institutional investors pursuant to which it agreed to sell 2,850,000 shares of its common stock along with warrants to purchase up to 2,850,000 shares of common stock. Private placement by PIXY stock:Īt the beginning of September, ShiftPixy stock announced the$12 million private placement of its common stock and warrants exercisable for common stock. The stock expects the major rollout of this system in 2022. Initially, ShiftPixy is providing an antiviral laser system to its clients as an extension of its services. The purpose of PIXY stock behind this agreement was to provide better safety and support to the restaurants and retailers in the face of COVID. On September 27, 2021, PIXY stock announced the agreement with Quelliv, Inc pursuant to which it had secured the exclusive distribution rights for the Genesis One antivirus laser systems. PIXY stock secured Virus-Killing Genesis One Technology: The company was founded in 2015 and its headquarter are located in Miami, Florida. The company mainly provides services to restaurants and hospitality service industries. The per-share price of PIXY stock is getting hype due to some external factors and social media interaction between investors.įor your intuition, ShiftPixy, Inc is engaged in staffing services in the United States of America.
There is no major announcement or press release by ShiftPixy today associated with the bullish sentiment.
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