IGI IPO Presentation Deck
Offering Details
Issuer
Offering Type
Price
Units Offered
Gross Proceeds
Listing/Symbol
Pre-Offering Shares
Use of Proceeds
IGI Underwriters
Infinite Group, Inc.
Nasdaq -Uplist IPO
$4.38 for the Common Units
Up to 3,500,000 Common Units consisting of one (1) share of Common Stock
and three (3) Redeemable Warrants, each to purchase one share of Common
Stock at an exercise price of $4.00 per share.
Up to 3,500,000 Pre-Funded Units consisting of one (1) Pre-Funded Warrant to
purchase one (1) share of Common Stock and three (3) Redeemable Warrants.
$15,330,000
IMCI
Approx. 679,223 (assuming 50:1 reverse split)
Sales/Marketing ($2.5M), Software development ($.5M), Debt reduction ($2.2M),
Working Capital & other general corporate expenses ($8.4M)
Aegis Capital Corp. - Bookrunning ManagerView entire presentation