Datacentrex Raises $20.2 Million; Amends Series A Preferred to Support Offering

robot
Abstract generation in progress

Datacentrex (DTCX) successfully completed a best-efforts public equity offering, raising approximately $20.2 million in gross proceeds. The offering involved pricing common shares at $2.00 and pre-funded warrants at $1.99, led by Dominari Securities. Concurrently, Series A preferred holders amended their terms, waiving anti-dilution impacts and resetting the conversion to 23 shares at a $2.00 reference rate, to support the transaction.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments