Save Foods Announces Pricing of Public Offering of Common Stock

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Aug 16, 2022

Neve Yarak, Israel, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Save Foods, Inc. (Nasdaq: SVFD) (“Save Foods” or the “Company”), an agri-food tech company specializing in eco crop protection that helps to reduce food waste and ensure food safety while reducing the use of pesticides, today announced the pricing of a public offering of 1,600,000 shares of Common Stock at a public offering price of $3.00 per share, for gross proceeds of $4.8 million, before deducting underwriting discounts and offering expenses. The offering is expected to close on August 18, 2022, subject to satisfaction of customary closing conditions.