{"id":731810,"date":"2023-02-15T16:03:14","date_gmt":"2023-02-15T21:03:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/seqll-inc-announces-closing-of-1-8-million-registered-direct-offering\/"},"modified":"2023-02-15T16:03:14","modified_gmt":"2023-02-15T21:03:14","slug":"seqll-inc-announces-closing-of-1-8-million-registered-direct-offering","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/seqll-inc-announces-closing-of-1-8-million-registered-direct-offering\/","title":{"rendered":"SeqLL Inc. Announces Closing of $1.8 Million Registered Direct Offering"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">BILLERICA, Mass., Feb.  15, 2023  (GLOBE NEWSWIRE) &#8212; SeqLL Inc. (Nasdaq: SQL and SQLLW) (\u201cSeqLL\u201d or the \u201cCompany\u201d), a technology company providing life sciences instrumentation and research services, today announced the closing of its previously announced registered direct offering of 2,000,000 shares of common stock at a purchase price of $0.90 per share of common stock (the \u201cOffering\u201d).<\/p>\n<p align=\"left\">The gross proceeds to the Company from the registered direct offering were approximately $1.8 million before deducting the placement agent\u2019s fees and other estimated offering expenses payable by the Company.<\/p>\n<p align=\"justify\">Maxim Group LLC acted as the sole placement agent for the Offering.<\/p>\n<p>The securities described above were offered pursuant to the Company\u2019s shelf registration statement on Form S-3 (File No. 333-268319), which was declared effective by the U.S. Securities and Exchange Commission (the &#8220;SEC&#8221;) on December 8, 2022. The Offering was made only by means of a prospectus supplement that forms a part of such registration statement. A prospectus supplement relating to the securities was filed by the Company with the SEC on February 14, 2023. Copies of the prospectus supplement relating to the Offering, together with the accompanying prospectus, can be obtained at the SEC&#8217;s website at www.sec.gov or from Maxim Group LLC, 300 Park Avenue, New York, NY 10022, Attention: Syndicate Department, or via email at syndicate@maximgrp.com or telephone at (212) 895-3745.<\/p>\n<p>This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.<\/p>\n<p align=\"justify\">\n        <strong>About SeqLL Inc.<\/strong>\n      <\/p>\n<p>SeqLL is a technology company providing life sciences instrumentation and research services in collaborative partnerships aimed at the development of novel scientific assets and intellectual property across multiple \u201comics\u201d fields. The Company leverages its expertise with its True Single Molecule Sequencing (\u201ctSMS\u00ae\u201d) platform to empower scientists and researchers with improved genetic tools to better understand the molecular mechanisms of disease that is essential to the continued development of new breakthroughs in genomic medicine, and that hopefully address the critical concerns involved with today\u2019s precision medicine. In sum, our experienced team works with our collaborators to develop innovative solutions tailored to the needs of each specific project.<\/p>\n<p align=\"justify\">\n        <strong>Forward Looking Statements<\/strong>\n      <\/p>\n<p>This press release contains certain forward-looking statements, including those related to the applicability and viability of the Company\u2019s\u00a0technology for quantifying RNA molecules from blood\u00a0and other statements that are predictive in nature and those related to regaining compliance with Nasdaq\u2019s continued listing requirements, and timing and effect thereof. Forward-looking statements are based on the Company\u2019s current expectations and assumptions. The Private Securities Litigation Reform Act of 1995 provides a safe-harbor for forward-looking statements. These statements may be identified by the use of forward-looking expressions, including, but not limited to, \u201cexpect,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cpotential,\u201d \u201cpredict,\u201d \u201cproject,\u201d \u201cshould,\u201d \u201cwould\u201d and similar expressions and the negatives of those terms. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this presentation. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company\u2019s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2021 under the caption \u201cRisk Factors.\u201d<\/p>\n<p>\n        <strong>Contacts:<\/strong>\n      <\/p>\n<p>\n        <strong>John W. Kennedy <\/strong><br \/>\n        <br \/>Investor Relations <br \/>Tel: +1 (914) 727-7764<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=EysLlL1yPrQlDGxwJGx8FvRdPKvQyKyESxzizuEg7W1kT9LM1PMOzI29OOwODUmMb0JUco-NegHNgLtkueREEcLCynWduDPatCeok2rBTaQ=\" rel=\"nofollow noopener\" target=\"_blank\">jwkennedy@seqll.com<\/a><\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODc1MDE4NiM1NDEyMDIxIzIyMjIwMDE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/YzgwYzE4ZDQtNmYxNS00NTM3LWFiM2YtZTE3YTA4ZDkwNDZjLTEyMzM1NTQ=\/tiny\/Seqll-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BILLERICA, Mass., Feb. 15, 2023 (GLOBE NEWSWIRE) &#8212; SeqLL Inc. (Nasdaq: SQL and SQLLW) (\u201cSeqLL\u201d or the \u201cCompany\u201d), a technology company providing life sciences instrumentation and research services, today announced the closing of its previously announced registered direct offering of 2,000,000 shares of common stock at a purchase price of $0.90 per share of common stock (the \u201cOffering\u201d). The gross proceeds to the Company from the registered direct offering were approximately $1.8 million before deducting the placement agent\u2019s fees and other estimated offering expenses payable by the Company. Maxim Group LLC acted as the sole placement agent for the Offering. The securities described above were offered pursuant to the Company\u2019s shelf registration statement on Form S-3 (File No. 333-268319), which &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/seqll-inc-announces-closing-of-1-8-million-registered-direct-offering\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SeqLL Inc. Announces Closing of $1.8 Million Registered Direct Offering&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-731810","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SeqLL Inc. Announces Closing of $1.8 Million Registered Direct Offering - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/seqll-inc-announces-closing-of-1-8-million-registered-direct-offering\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SeqLL Inc. Announces Closing of $1.8 Million Registered Direct Offering - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BILLERICA, Mass., Feb. 15, 2023 (GLOBE NEWSWIRE) &#8212; SeqLL Inc. (Nasdaq: SQL and SQLLW) (\u201cSeqLL\u201d or the \u201cCompany\u201d), a technology company providing life sciences instrumentation and research services, today announced the closing of its previously announced registered direct offering of 2,000,000 shares of common stock at a purchase price of $0.90 per share of common stock (the \u201cOffering\u201d). The gross proceeds to the Company from the registered direct offering were approximately $1.8 million before deducting the placement agent\u2019s fees and other estimated offering expenses payable by the Company. Maxim Group LLC acted as the sole placement agent for the Offering. The securities described above were offered pursuant to the Company\u2019s shelf registration statement on Form S-3 (File No. 333-268319), which &hellip; Continue reading &quot;SeqLL Inc. 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The gross proceeds to the Company from the registered direct offering were approximately $1.8 million before deducting the placement agent\u2019s fees and other estimated offering expenses payable by the Company. Maxim Group LLC acted as the sole placement agent for the Offering. The securities described above were offered pursuant to the Company\u2019s shelf registration statement on Form S-3 (File No. 333-268319), which &hellip; Continue reading \"SeqLL Inc. 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