Sigma Labs (NASDAQ: SGLB), a leading developer of quality
assurance software for the commercial 3D printing industry, this morning issued
a corrected press release to revise the classification of warrants previously
published in today’s press release announcing its entry into a definitive
agreement with certain institutional investors for an offering of 515,465
units. According to the update, each of the units consists of one share of
Sigma Labs common stock (or a prefunded Series B Warrant to purchase one share
of Sigma Labs common stock) to be issued in a public offering, and a Series A
Warrant to purchase one share of Sigma Labs common stock to be issued in a
private placement for a purchase price of $2.91 per unit, for aggregate gross
proceeds of $1.5 million. Subject to satisfaction of customary conditions, the
Offering is expected to close on or about April 6, 2020.
To view the full press release, visit http://ibn.fm/zliEi
About Sigma Labs
Sigma Labs, Inc. (NASDAQ: SGLB) is an emerging provider of
quality assurance software to the commercial 3D printing industry under the
PrintRite3D(R) brand. Founded in 2010, Sigma is a software company that
specializes in the development and commercialization of real-time computer
aided inspection (“CAI”) solutions known as PrintRite3D(R) for 3D advanced
manufacturing technologies. Sigma Labs’ advanced computer-aided software
product revolutionizes commercial additive manufacturing, enabling
non-destructive quality assurance mid-production, uniquely allowing errors to
be corrected in real-time. For more information, please visit www.SigmaLabsInc.com.
NOTE TO INVESTORS: The latest news and updates
relating to SGLB are available in the company’s newsroom at http://ibn.fm/SGLB
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