Communications Systems, Inc.

NASDAQ:JCS   9:33:03 AM EDT
9.75
+0.02 (+0.21%)
Debt Financing / Related, Earnings Announcements

Communications Systems Reports Updated $32.0 Mln Equity Financing To Close Concurrently With CSI–Pineapple Merger

Published: 09/15/2021 12:13 GMT
Communications Systems, Inc. (JCS) - Communications Systems, Inc. Announces Updated $32.0 Million Equity Financing to Close Concurrently With Csi–pineapple Merger.communications Systems - Entered Into Amended and Restated Securities Purchase Agreement With Institutional Investors to Make $32 Million Private Placement Investment.communications Systems Inc - Proceeds of Investment Will Be Used Primarily to Fund Pineapple Strategic Initiatives Following Consummation of Merger.communications Systems Inc - Amended and Restated Securities Purchase Agreement Replaces a $25.0 Million Original Securities Purchase Agreement.
Revenue is expected to be $0 Million
Adjusted EPS is expected to be $0.00

Next Quarter Revenue Guidance is expected to be $0 Million
Next Quarter EPS Guidance is expected to be $0.00

More details on our Analysts Page.