. announced that it completed a public offering of 10,530,000 units, comprised of common shares and warrants. Each unit consists of one share of UniPixel common stock, par value $0.001 per share, priced at $0.95 per share, and warrants to purchase 0.45 shares of common stock at an exercise price of $1.00 per share, exercisable for a period of five years from the date of the closing of the offering.
The offering is expected to close on or prior to February 21, 2017, subject to satisfaction of customary closing conditions. The warrants will not be separately listed for trading.