eMagin to conduct $4.5 million at-the-market offering of common stock

Craig-Hallum Capital Group will be the agent and get 3% commission

By Devika Patel

Knoxville, Tenn., Sept. 4 – eMagin Corp. negotiated a $4.5 million at-the-market equity sales agreement with Craig-Hallum Capital Group, LLC on Sept. 3, according to an 8-K and prospectus supplement filed Friday with the Securities and Exchange Commission.

The agent will be paid a 3% commission.

Proceeds will be used for general corporate purposes, including research and development, sales and marketing, and working capital.

Based in Bellevue, Wash., eMagin produces electronic displays.

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