Airgain Receives $12,000,000 New Financing

  • Feed Type
  • Date
    8/12/2016
  • Company Name
    Airgain
  • Mailing Address
    1930 Palomar Point Way Carlsbad, CA 92008 USA
  • Company Description
    Airgain (NASDAQ: AIRG) is a provider of embedded antenna-related products, integration support and test services for the in-home wireless device market.
  • Website
    http://www.airgain.com
  • Transaction Type
    IPO
  • Transaction Amount
    $12,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The principal purposes of this offering are to obtain additional capital to support our operations, to create a public market for our common stock and to facilitate our future access to the public equity markets. We currently intend to use the net proceeds we receive from this offering for working capital and general corporate purposes, including sales and marketing activities, product development and capital expenditures. We may also use a portion of the net proceeds for the acquisition of, or investment in, technologies, solutions or businesses. However, we have no present commitments or agreements to enter into any acquisitions or investments.
  • M&A Terms

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