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Optex Systems registers $10 million of stock, warrants in public sale
Joseph Gunnar is the bookrunner; deal funds operating expenses, sales
By Devika Patel
Knoxville, Tenn., July 22 – Optex Systems Holdings, Inc. will price a public offering of common stock and warrants with a 45-day greenshoe, according to a form S-1 filed Friday with the Securities and Exchange Commission. The company has registered up to $10 million of underlying stock for the deal.
Joseph Gunnar & Co. is the bookrunner.
Proceeds will be used for working capital, operating expenses, sales, marketing, business development and acquisitions.
The Richardson, Texas, company manufactures optical sighting systems and assemblies primarily for Department of Defense applications.
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