Big data analytics and solutions provider Sysorex Global Holdings Corp.
SYRX announced Thursday, that it intends to offer shares of its
common stock in an underwritten public offering. All shares offered are
to be sold by Sysorex. Sysorex also expects to grant the underwriters a
30-day option to purchase additional shares of its common stock to cover
over-allotments, if any. The offering is subject to market conditions,
and there can be no assurance as to whether or when the offering may be
completed, or as to the final size or terms of the offering.
Sysorex expects to use the net proceeds from this offering for general
corporate purposes, which may include business development activities,
capital expenditures, working capital and
See full press release
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