Sichenzia Ross Ference LLP Represents A.G.P./ Alliance Global Partners as Placement Agent in $10.5 Million Registered Direct Offering of ION Geophysical Corporation
Press Release – New York, NY – February 18, 2021 – Sichenzia Ross Ference LLP announced today that it represented A.G.P./Alliance Global Partners as sole placement agent in a registered direct offering of 2,990,001 shares of common stock of ION Geophysical Corporation (NYSE: IO), a company that delivers powerful data-driven decision-making to offshore energy, ports and defense industries, enabling clients to optimize operations and deliver superior returns. The offering price was $3.50 per share for gross proceeds of $10.5 million.
The securities were offered pursuant to an effective shelf registration statement on Form S-3 (File No. 333-234606) previously filed with the U.S. Securities and Exchange Commission (the “SEC”).
The Sichenzia Ross Ference LLP team was led by partners Gregory Sichenzia and Jay Yamamoto and associate Mayank Pradhan.