geocam
3 years ago
$STAF Reverse split done; offering closed. Probably got more than a few months before either one of those happen again? Should be good for a bounce here.
¯\_(o_o)_/¯
STAF finviz 20/50/200
https://www.finviz.com/quote.ashx?t=STAF
https://www.sec.gov/Archives/edgar/data/1499717/000149315221017570/form424b5.htm
THE OFFERING
Common stock offered by us 2,199,132 shares.
Common stock outstanding after this offering(1)10,032,071 shares (assuming that we sell the maximum number of shares of common stock offered in this offering and excluding the Warrant Shares issuable upon the exercise of the Warrants to be issued in the concurrent Private Placement).
https://ih.advfn.com/stock-market/NASDAQ/staffing-360-solutions-STAF/stock-news/85483577/staffing-360-solutions-announces-reverse-stock-spl
Staffing 360 Solutions Announces Reverse Stock Split to Maintain NASDAQ Listing
Staffing 360 Solutions, Inc. (NASDAQ: STAF), a company executing an international buy-integrate-build strategy through the acquisition of staffing organizations in the United States and the United Kingdom, announced today that it intends to effect a reverse stock split of its common stock at a ratio of 1 post-split share for every 6 pre-split shares. The reverse stock split will become effective at 5:00 p.m. on Wednesday, June 30, 2021. Staffing 360’s common stock will continue to be traded on the NASDAQ Capital Market under the symbol STAF and will begin trading on a split-adjusted basis when the market opens on Thursday, July 1, 2021.
https://ih.advfn.com/stock-market/NASDAQ/staffing-360-solutions-STAF/stock-news/85659483/staffing-360-solutions-announces-closing-of-7-58
Staffing 360 Solutions Announces Closing of $7.58 Million Registered Direct Offering of Common Stock Priced At-the-Market Under Nasdaq Rules
Staffing 360 Solutions, Inc. (NASDAQ: STAF), a company executing an international buy-integrate-build strategy through the acquisition of staffing organizations in the United States and the United Kingdom, today announced the closing of its previously announced registered direct offering, priced at-the-market under Nasdaq rules, of 2,199,132 shares of its common stock at a purchase price of $3.45 per share. The gross proceeds to the Company were approximately $7.58 million, before deducting the placement agent’s fees and other offering expenses payable by the Company. In a concurrent private placement, the Company also issued to the investors in the offering unregistered warrants to purchase up to an aggregate of 1,099,566 shares of common stock. The warrants have an exercise price equal to $3.80 per share, are exercisable immediately upon issuance and will expire five years from the issuance date.
oh and...
PPP Forgiven. Free Money Y'all.
https://finance.yahoo.com/quote/STAF?p=STAF&.tsrc=fin-srch
DPS1212
4 years ago
Staffing 360 Solutions to Host Fiscal Third Quarter and Nine-Month Financial Results Investor Conference Call
Source: GlobeNewswire Inc.
Staffing 360 Solutions, Inc. (NASDAQ: STAF), a company executing an international buy-integrate-build strategy through the acquisition of domestic and international staffing organizations in the United States and United Kingdom, today announced it will report its fiscal third quarter and nine-month financial results after the market close on Tuesday, November 10, 2020.
The Company will host a conference call on Wednesday, November 11th at 9:00am Eastern Time to discuss financial results, the COVID-19 environment, and recent positive business developments.
Conference Call
The Participant Dial-In Number for the conference call is 646-828-8143. Participants should dial in to the call at least five minutes before 9:00am ET November 11, 2020. The call can also be accessed "live" online at http://public.viavid.com/index.php?id=142346. A replay of the recorded call will be available for 90 days on the Company's website (http://www.staffing360solutions.com/res.html). You can also listen to a replay of the call by dialing 844-512-2921 (international participants dial 412-317-6671) starting November 11, 2020, at 7:30pm ET through November 13, 2020 at 11:59 pm ET. Please use PIN Number 3539724.
About Staffing 360 Solutions, Inc.
Staffing 360 Solutions, Inc. is engaged in the execution of an international buy-integrate-build strategy through the acquisition of domestic and international staffing organizations in the United States and United Kingdom. The Company believes that the staffing industry offers opportunities for accretive acquisitions and as part of its targeted consolidation model, is pursuing acquisition targets in the finance and accounting, administrative, engineering, IT, and Light Industrial staffing space. For more information, visit www.staffing360solutions.com. Follow Staffing 360 Solutions on Facebook, LinkedIn and Twitter.
Forward-Looking Statements
This press release contains forward-looking statements, which may be identified by words such as "expect," "look forward to," "anticipate," "intend," "plan," "believe," "seek," "estimate," "will," "project" or words of similar meaning. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified; consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, market and other conditions; the geographic, social and economic impact of COVID-19 on the Company’s ability to conduct its business and raise capital in the future when needed; weakness in general economic conditions and levels of capital spending by customers in the industries the Company serves; weakness or volatility in the financial and capital markets, which may result in the postponement or cancellation of customer capital projects or the inability of the Company’s customers to pay the Company’s fees; the termination of a major customer contract or project; delays or reductions in U.S. government spending; credit risks associated with the Company’s customers; competitive market pressures; the availability and cost of qualified labor; the Company’s level of success in attracting, training and retaining qualified management personnel and other staff employees; changes in tax laws and other government regulations, including the impact of health care reform laws and regulations; the possibility of incurring liability for the Company’s business activities, including, but not limited to, the activities of the Company’s temporary employees; the Company’s performance on customer contracts; negative outcome of pending and future claims and litigation; government policies, legislation or judicial decisions adverse to the Company’s businesses; the Company’s ability to access the capital markets by pursuing additional debt and equity financing to fund its business plan and expenses on terms acceptable to the Company or at all; the Company’s ability to achieve loan forgiveness under Paycheck Protection Program; and the Company’s ability to comply with its contractual covenants, including in respect of its debt agreements, as well as various additional risks, many of which are now unknown and generally out of the Company’s control, and which are detailed from time to time in reports filed by the Company with the SEC, including quarterly reports on Form 10-Q, reports on Form 8-K and annual reports on Form 10-K. Staffing 360 Solutions does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law.
Investor Relations Contacts:
Harvey Bibicoff, CEO Terri MacInnis, VP of IR
Bibicoff + MacInnis, Inc. Bibicoff + MacInnis, Inc.
818-379-8500 x1 harvey@bibimac.com 818-379-8500 x2 terri@bibimac.com
Primary Logo