SMTC Corp SMTX:NASDAQ

Last Price$2.78NASDAQ Previous Close - Last Trade as of 3:59PM ET 9/17/19

Today's Change-0.01(0.36%)
Bid (Size)$2.69 (20)
Ask (Size)$2.93 (10)
Day Low / High$2.76 - 2.81
Volume28.7 K

SMTC Files for $50 Mln Mixed Securities Shelf Offering; Sheds 1% Pre-Bell

3:52AM ET 3/19/2019 MT Newswires
SMTC (SMTX), provider of end-to-end electronics manufacturing services, has filed a registration statement with the Securities and Exchange Commission to issue common shares, preferred shares, warrants, subscription rights, and units totaling $50 million.

The company said it plans to use the proceeds for working capital, general corporate purposes, and investment in new technologies.

The shares were about 1% lower in the pre-market session on Tuesday.

Price: 4.4100, Change: -0.0900, Percent Change: -2.22