The use of proceeds given similarly covered a wide range. Under a shelf registration, the company can choose which of the securities to issue and issue them at different times, if it chooses. SilverSun has entered a Market Issuance Sales Agreement we have entered into with H.C. Wainwright & Co. as sales agent, to sell up to $3,489,499 of its common stock, with net proceeds estimated at $3,287,334, after deducting Wainwright’s commission and estimated offering expenses. The stock proceeds will be used for general corporate purposes.
SWK PARENT TO RAISE $50 MILLION Featured
SilverSun Technologies, parents to reseller SWK Technologies, has filed a shelf registration with the SEC for a $50-million public offering. The offering is for a basket of securities: common stock, preferred stock, debt securities, warrants and units.
