Texas company Dogness raises $5 million through private placement of 2 million shares
May 19, 20243 min
Dogness (International) Corporation (NASDAQ: DOGZ), developer and manufacturer of a range of Dogness-branded and private-label pet products, has closed a private placement transaction raising $5 million in gross proceeds from the sale of 2 million class A common stock to various purchasers at $2.50 a share. On May 9, the company entered into a securities purchase agreement with certain non-U.S. purchasers for the placement. The shares were sold in transactions exempt from registration under the...