- VirTra (NASDAQ:VTSI) inks securities purchase agreement with certain institutional investors, to purchase 3M common shares at $6.00/share.
- The total gross proceeds are $18M.
- Net proceeds will be used for general corporate purposes, including general working capital.
- The registered direct offering will close on April 5.
- Shares down 20.6% after-hours. Yesterday's close was $7.97.