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

December 11, 2023

https://www.globenewswire.com/news-release/2023/12/11/2793486/15852/en/Milestone-Scientific-Inc-Announces-Pricing-of-3-0-Million-Public-Offering-of-Common-Stock.html

ROSELAND, N.J., Dec. 10, 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 pricing of an underwritten public offering of 4,765,000 shares of its common stock at a price of $0.63 per share (the “Offering”). Gross proceeds before underwriting discounts and commissions and estimated Offering expenses are expected to be approximately $3.0 million. The Offering is expected to close on December 13, 2023, subject to customary closing conditions.

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