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Cemtrex prices $0.5M registered offering

Jul. 01, 2019 9:58 AM ETCemtrex, Inc. (CETX) StockBy: Pranav Ghumatkar, SA News Editor
  • Cemtrex (NASDAQ:CETX -11.9%) has priced a registered direct offering of ~$0.5M of common stock at a price of $2.23/share, issuing 224,215 shares.
  • The net proceeds will be used for S&M activities and general corporate purposes, including the repayment of indebtedness.
  • Close date is July 3.

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