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OpenWorld Prices $3.5 Million Offering With Two Warrant Series

The Nasdaq-listed company agreed to sell 2.52 million shares or pre-funded warrants to one institutional investor at a combined price of $1.39 per share with accompanying warrants.

Two metal warrant tokens rest beside an unmarked share certificate / TokenPost.ai
Two metal warrant tokens rest beside an unmarked share certificate / TokenPost.ai

OpenWorld said Thursday it agreed to sell 2.52 million shares or pre-funded warrants to one institutional investor in a $3.5 million registered direct offering. The combined price is $1.39 per share with accompanying warrants.

The offering includes Series A and Series B warrants. OpenWorld’s Nasdaq debut followed its business combination with VerifyMe, after which it began trading under ticker OPNW.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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