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Kornit said it will not receive any of the proceeds from the sale of shares being offered by Amazon.
September 24, 2020
By: Anthony Locicero
Copy editor, New York Post
Kornit Digital Ltd. announced the launch of an underwritten public offering of 3,600,000 ordinary shares, 2,000,000 of which are being offered by Kornit and 1,600,000 of which are being offered by an affiliate of Amazon.com, Inc. Kornit will not receive any of the proceeds from the sale of shares being offered by Amazon. The shares being sold by an affiliate of Amazon are being issued pursuant to the exercise of a warrant granted to Amazon by Kornit. Kornit intends to grant ...
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