MultiSensor AI Holdings announces pricing of $14M private placement

Published 2 weeks ago Negative
MultiSensor AI Holdings announces pricing of $14M private placement
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* MultiSensor AI Holdings (NASDAQ:MSAI [https://seekingalpha.com/symbol/MSAI]) on Friday reported that it has executed a securities purchase agreement to raise gross proceeds of approximately $14 million.
* The initial closing of the offering, representing gross proceeds of approximately $2.8 million, is expected to close on October 27.
* The balance of the offering is expected to close in December 2025.

MORE ON MULTISENSOR AI HOLDINGS

* Seeking Alpha’s Quant Rating on MultiSensor AI Holdings [https://seekingalpha.com/symbol/MSAI/ratings/quant-ratings]
* Historical earnings data for MultiSensor AI Holdings [https://seekingalpha.com/symbol/MSAI/earnings]
* Financial information for MultiSensor AI Holdings [https://seekingalpha.com/symbol/MSAI/income-statement]