InvestorNewsBreaks – Aterian Inc. (NASDAQ: ATER) Announces $40M Private Placement
Aterian (NASDAQ: ATER) today announced that it has entered into a securities purchase agreement with several institutional investors for a private placement of the company’s common stock. The company expects to secure approximately $40 million in gross proceeds from the private placement before deducting agent fees and other transaction-related expenses. Aterian will issue 2,666,667 shares, which will each be sold at a purchase price of…