SINTX Technologies Announces Closing of $4.0 Million Public Offering

SALT LAKE CITY, UT, Feb. 02, 2024 (GLOBE NEWSWIRE) — SINTX Technologies, Inc. (NASDAQ:SINT) (“SINTX” or the “Company”), an original equipment manufacturer of advanced ceramics, today announced the closing of its previously announced public offering of 16,000,000 units, with each unit consisting of one share of its common stock, or one pre-funded warrant to purchase one share of its common stock, one Class E Warrant with each warrant to purchase one share of common stock, and one Class F Warrant with each warrant to purchase one share of common stock. Each unit was sold at a public offering price of $0.25. The Class E and Class F Warrants in the units are immediately exercisable at a price of $0.25 per share. The Class E Warrants will expire five years from the date of issuance and the Class F Warrants will expire eighteen months from the date of issuance. The shares of common stock (or pre-funded warrants in lieu thereof) and accompanying warrants were only purchased together in this offering, but were issued separately and were immediately separable upon issuance.

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