Iveda Solutions Shares Drop 18% After Private Placement Prices

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Iveda Solutions Shares Drop 18% After Private Placement Prices

Dow Jones2022-08-09

By Chris Wack

Iveda Solutions Inc. shares fell 18% to $1.46 after the company said it has entered into a securities purchase agreement with institutional investors to raise $5 million in proceeds through a private placement.

The company said the private placement includes 3.3 million common shares and 3.3 million warrants.

Each share of stock is being sold together with accompanying warrants at a combined effective purchase price of $1.52. The warrants will be exercisable immediately from the date of issuance at an exercise price of $1.40 a share and will expire five and half years from the date of issuance.

The closing of the private placement is expected Thursday.

The stock closed Monday's session up 34% after the company said it received $3 million in contracts in Taiwan.

Write to Chris Wack at chris.wack@wsj.com

$(END)$ Dow Jones Newswires

August 09, 2022 10:39 ET (14:39 GMT)

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Basketrif
·2022-08-10
Sad news. Absolutely eroding retail investors' confidence.
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Absolutely eroding retail investors' confidence.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904701273","repostId":2258128146,"repostType":2,"repost":{"id":"2258128146","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1660055940,"share":"https://ttm.financial/m/news/2258128146?lang=&edition=fundamental","pubTime":"2022-08-09 22:39","market":"hk","language":"en","title":"Iveda Solutions Shares Drop 18% After Private Placement Prices","url":"https://stock-news.laohu8.com/highlight/detail?id=2258128146","media":"Dow Jones","summary":"By Chris Wack \n\n\n \n\n\n   Iveda Solutions Inc. shares fell 18% to $1.46 after the company said it has ","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Chris Wack \n</p>\n<pre>\n \n</pre>\n<p>\n   Iveda Solutions Inc. shares fell 18% to $1.46 after the company said it has entered into a securities purchase agreement with institutional investors to raise $5 million in proceeds through a private placement. \n</p>\n<p>\n  The company said the private placement includes 3.3 million common shares and 3.3 million warrants. \n</p>\n<p>\n  Each share of stock is being sold together with accompanying warrants at a combined effective purchase price of $1.52. The warrants will be exercisable immediately from the date of issuance at an exercise price of $1.40 a share and will expire five and half years from the date of issuance. \n</p>\n<p>\n  The closing of the private placement is expected Thursday. \n</p>\n<p>\n  The stock closed Monday's session up 34% after the company said it received $3 million in contracts in Taiwan. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Chris Wack at chris.wack@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  August 09, 2022 10:39 ET (14:39 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Iveda Solutions Shares Drop 18% After Private Placement Prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIveda Solutions Shares Drop 18% After Private Placement Prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-08-09 22:39</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Chris Wack \n</p>\n<pre>\n \n</pre>\n<p>\n   Iveda Solutions Inc. shares fell 18% to $1.46 after the company said it has entered into a securities purchase agreement with institutional investors to raise $5 million in proceeds through a private placement. \n</p>\n<p>\n  The company said the private placement includes 3.3 million common shares and 3.3 million warrants. \n</p>\n<p>\n  Each share of stock is being sold together with accompanying warrants at a combined effective purchase price of $1.52. The warrants will be exercisable immediately from the date of issuance at an exercise price of $1.40 a share and will expire five and half years from the date of issuance. \n</p>\n<p>\n  The closing of the private placement is expected Thursday. \n</p>\n<p>\n  The stock closed Monday's session up 34% after the company said it received $3 million in contracts in Taiwan. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Chris Wack at chris.wack@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  August 09, 2022 10:39 ET (14:39 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4007":"制药","TERN":"Terns Pharmaceuticals, Inc.","CRCT":"Cricut, Inc.","BK4191":"家用电器","BK4097":"系统软件","IVDA":"Iveda Solutions, Inc.","BK4539":"次新股"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2258128146","content_text":"By Chris Wack \n\n\n \n\n\n   Iveda Solutions Inc. shares fell 18% to $1.46 after the company said it has entered into a securities purchase agreement with institutional investors to raise $5 million in proceeds through a private placement. \n\n\n  The company said the private placement includes 3.3 million common shares and 3.3 million warrants. \n\n\n  Each share of stock is being sold together with accompanying warrants at a combined effective purchase price of $1.52. 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