Sigma Additive Solutions Bolsters Capital and Investor Rights

Sigma Additive Solutions (SASI) has released an update.

Sigma Additive Solutions, Inc. has successfully engaged with accredited investors to raise $672,500 through the sale of Series I Convertible Preferred Stock and associated Warrants, allowing investors to purchase shares of common stock in the future. The Series I Preferred shares offer privileges including dividends and voting rights on par with common stock, and will automatically convert into common stock upon a charter amendment to authorize more shares. This strategic financial move, executed in accordance with securities laws, aims to strengthen the company’s position and investor confidence.

For further insights into SASI stock, check out TipRanks’ Stock Analysis page.