Shares of UniPixel (NASDAQ: UNXL) are sharply lower after the company, a developer of metal mesh capacitive touch sensors to the touchscreen and flexible display markets, commenced a public offering of shares of common stock and warrants to purchase common stock. The offering will be conducted on a “best efforts” basis, with Roth Capital Partners, LLC serving as the lead placement agent and Ladenburg Thalmann and The Benchmark Company serving as co-placement agents.
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UniPixel, Inc. develops and markets high performance metal mesh capacitive touch sensors to the touchscreen and flexible display markets. The company’s roll-to-roll electronics manufacturing process patterns fine line conductive elements on thin films. The company markets its technologies for touch panel sensor, cover glass replacement, and protective cover film applications under the XTouch™ and Diamond Guard™ brands. For additional information, visit www.unipixel.com
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