Fabric.AI Files Prospectus Related To Resale Of Up To 187.2M Shares Of Common Stock
Fabric.AI (FABC) filed a shelf registration statement late Thursday for the potential resale of up to 187.2 million common shares, including shares issuable upon the conversion of Series K preferred stock, warrant exercises and dividend shares. The company said it will not receive proceeds from any share sales by selling stockholders, but could receive cash from warrant exercises, if any, which it intends to use for general corporate purposes.
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09:22:14 PM UTC
SquawkNews
Fabric.AI (FABC) filed a shelf registration statement late Thursday for the potential resale of up to 187.2 million common shares, including shares issuable upon the conversion of Series K preferred stock, warrant exercises and dividend shares. The company said it will not receive proceeds from any share sales by selling stockholders, but could receive cash from warrant exercises, if any, which it intends to use for general corporate purposes.
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