HQ Sustainable Maritime Industries, Inc. is top most company dealing in all natural integrated aquaculture and aquatic product processing, including fish byproduct personal healthcare products. The company has announced its complete sale of 1,225,000 shares of common stock at $8.50 per share pursuant to the Company’s existing shelf registration statement.
It is informed that the company has raised $10.4 million in gross proceeds, prior to deducting underwriting discounts and commissions and offering expenses payable by the Company. According to source the company is said to use the proceeds for general corporate purposes, including investments in long-term assets to complete its integration objectives.
According to the press release Roth Capital Partners, LLC acted as the sole underwriter of the offering. It is notified that the information shall not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
