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Ecoark Holdings, Inc. Announces $8.0 Million Registered Direct Offering


[December 30, 2020]
Ecoark Holdings, Inc. Announces $8.0 Million Registered Direct Offering
SAN ANTONIO, Dec. 30, 2020 (GLOBE NEWSWIRE) Ecoark Holdings, Inc. (“Ecoark” or the “Company”) (OTC: ZESTD) announced that it has entered into a definitive agreement with a single institutional investor for the purchase of a total of 888,889 shares of its common stock and short-term warrants to purchase an aggregate of up to 888,889 shares of common stock, in a registered direct offering. The combined purchase price for one share of common stock and a warrant to purchase one share of common stock is $9.00. The warrants have an exercise price of $10.00 per share, will be immediately exercisable and will have a term of two years. ....

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