Orbsat Announces $7.2M Private Placement, Will Sell 2.23M Shares of Stock for $3.24/Share
$OSAT
Telecommunications Equipment
Capital Goods
Orbsat Announces $7.2M Private Placement, Will Sell 2.23M Shares of Stock for $3.24/Share
Save time and jump to the most important pieces.
SC 13D/A - ORBSAT CORP (0001058307) (Subject)
SC 13G/A - ORBSAT CORP (0001058307) (Subject)
SC 13G - ORBSAT CORP (0001058307) (Subject)
8-K/A - ORBSAT CORP (0001058307) (Filer)
8-K - ORBSAT CORP (0001058307) (Filer)
D - ORBSAT CORP (0001058307) (Filer)
4 - NextPlat Corp (0001058307) (Issuer)
3 - NextPlat Corp (0001058307) (Issuer)
4 - ORBSAT CORP (0001058307) (Issuer)
Orbsat Corp (NASDAQ:OSAT)(NASDAQ:OSATW) ("Orbsat" or the "Company"), a global e-commerce provider, today announced that it has changed its corporate name to NextPlat Corp ("NextPlat") with an effective date of January 21, 2022 ("Effective Date"). The website for NextPlat will be www.nextplat.com. In connection with the corporate name change, the Company's Common Stock will begin trading on January 21, 2022, under the new ticker symbol "NXPL" and will retain the current CUSIP of 68557F209, and the Company's Warrants will begin trading on January 21, 2022, under the new ticker symbol "NXPLW" and will retain the current CUSIP of 68557F118. The corporate name change does not affect the ongoing
When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga's insider transactions platform. InMed Pharmaceuticals The Trade: InMed Pharmaceuticals Inc. (NASDAQ:INM) SVP Aaron Shane Johnson acquired a total of 8500 shares at an average price of $1.26. To acquire these shares, it cost $10,710.00. What’s Happening: InMed Pharmaceuticals recently announced publication of article on CBN as possible glauc
Investment to Accelerate Progressive's Digital Healthcare Transformation and Launch of Global E-Commerce Platform for New Healthcare Products for Domestic and International MarketsCOCONUT GROVE, FL / ACCESSWIRE / August 31, 2022 / NextPlat Corp (NASDAQ:NXPL, NXPLW))) ("NextPlat" or the "Company"), a global e-commerce provider today announced that it has completed a strategic $7 million investment in Progressive Care Inc. (OTCQB:RXMD), a personalized healthcare services and technology company ("Progressive Care").Under the recapitalization plan, NextPlat Corp, its Executive Chairman and CEO, Charles M. Fernandez, and board member, Rodney Barreto, and certain other investors will invest an agg
Barreto Brings Decades of Public Affairs, Consulting, and Business Development Expertise to Orbsat as it Accelerates its Transition into NextPlat, a Global E-Commerce Platform CompanyAVENTURA, FL / ACCESSWIRE / January 11, 2022 / Orbsat Corp (NASDAQ:OSAT, OSATW))) ("Orbsat" or the "Company"), a global e-commerce provider, today announced the appointment of Rodney Barreto to its Board of Directors effective January 20, 2022.Mr. Barreto is an accomplished and recognized executive and business leader with over 35 years of experience in corporate and public affairs, real estate investment, development, and hospitality throughout South Florida. He is currently the President and CEO of the Barreto
Over 73% of Financing Secured From Senior Management, Board Members and Existing ShareholdersAVENTURA, FL / ACCESSWIRE / January 3, 2022 / Orbsat Corp (NASDAQ:OSAT, OSATW))) ("Orbsat" or the "Company"), a global e-commerce provider of IoT and connectivity solutions through next-generation satellite technology, today announced that it executed a binding Securities Purchase Agreement on January 2, 2022 with a number of investors, pursuant to which the Company agreed to sell 2,229,950 shares of common stock at price of $3.24 per share, the closing transaction price reported by Nasdaq on December 31, 2021. Orbsat will receive gross proceeds of approximately $7.2 million. The transaction is expec
Barreto Brings Decades of Public Affairs, Consulting, and Business Development Expertise to Orbsat as it Accelerates its Transition into NextPlat, a Global E-Commerce Platform CompanyAVENTURA, FL / ACCESSWIRE / January 11, 2022 / Orbsat Corp (NASDAQ:OSAT, OSATW))) ("Orbsat" or the "Company"), a global e-commerce provider, today announced the appointment of Rodney Barreto to its Board of Directors effective January 20, 2022.Mr. Barreto is an accomplished and recognized executive and business leader with over 35 years of experience in corporate and public affairs, real estate investment, development, and hospitality throughout South Florida. He is currently the President and CEO of the Barreto