BioSig Technologies, Inc. announced its intention to offer shares of common stock through an underwritten public offering.
The offering is subject to market conditions, with the company planning to use the net proceeds for various purposes including purchasing gold bullion.
Clear Street and Needham & Company are the joint book-running managers of the offering.
Proposed Public Offering
BioSig Technologies, Inc. intends to offer shares of common stock through an underwritten public offering.
Use of Proceeds
The net proceeds from the offering will be used for purchasing gold bullion, working capital, and general corporate purposes.
Book-Running Managers
Clear Street and Needham & Company are acting as joint book-running managers of the offering.
- The completion of the offering is subject to market conditions, with uncertainties regarding its timing, size, and terms.
- The company's intention to purchase gold bullion reflects a strategic investment policy and financial planning for future growth.
BioSig Technologies Inc.'s announcement of the proposed public offering signifies a strategic move towards capital expansion and fund diversification.