Milestone Scientific Inc. Announces Closing of $3.0 Million Public Offering of Common Stock

December 14, 2023

https://www.globenewswire.com/news-release/2023/12/13/2795904/15852/en/Milestone-Scientific-Inc-Announces-Closing-of-3-0-Million-Public-Offering-of-Common-Stock.html

ROSELAND, N.J., Dec. 13, 2023 (GLOBE NEWSWIRE) — Milestone Scientific Inc. (NYSE:MLSS), a leading developer of computerized drug delivery instruments that provide painless and precise injections, today announced the closing of its previously announced underwritten public offering of 4,765,000 shares of its common stock at a public offering price of $0.63 per share (the “Offering”). Gross proceeds before deducting underwriting discounts, commissions and other Offering expenses were approximately $3.0 million.

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