BioSig Technologies, Inc. announced its intention to offer shares of common stock through a public offering.
The Company recently merged with Streamex Exchange Corporation (NASDAQ: BSGM).
The offering is subject to market conditions and the net proceeds will be used for purchasing gold bullion and general corporate purposes.
Public Offering Announcement
BioSig Technologies plans to offer shares of common stock through an underwritten public offering.
Merger with Streamex Exchange
BioSig Technologies recently merged with Streamex Exchange Corporation, listed as NASDAQ: BSGM.
Use of Proceeds
The net proceeds from the offering will be used for purchasing gold bullion and general corporate purposes.
- The completion of the offering is subject to market conditions with uncertain timing, size, or terms.
- Clear Street and Needham & Company are acting as joint book-running managers for the offering.
In conclusion, BioSig Technologies Inc.'s proposed public offering signifies a strategic move for the company to raise capital for continuing operations and investments. The merger with Streamex Exchange Corporation further solidifies its position in the market.