UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): June 10, 2020
DIGIRAD CORPORATION | ||
(Exact Name of Registrant as Specified in Its Charter) | ||
Delaware | 001-35947 | 33-0145723 |
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
1048 Industrial Court, Suwanee, GA |
30024 | |
(Address of Principal Executive Offices) | (Zip Code) |
Registrant’s Telephone Number, Including Area Code: (858) 726-1600
Not Applicable |
(Former Name or Former Address, If Changed Since Last Report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered |
Common Stock, par value $0.0001 per share |
DRAD | NASDAQ Global Market |
Series A Cumulative Perpetual Preferred Stock, par value $0.0001 per share |
DRADP |
NASDAQ Global Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01. Other Events.
On June 10, 2020, Digirad Corporation (the “Company”) completed the sale of an additional 225,000 shares of the Company’s common stock, $0.0001 par value per share, pursuant to the exercise of the over-allotment option granted to the underwriters of the Company’s previously disclosed public offering, which closed on May 28, 2020. The additional shares were sold at the public offering price of $2.24 per share, before underwriting discounts. The closing of the sale of the over-allotment shares brings the total number of shares of common stock sold by the Company in the public offering to 2,450,000, and total gross proceeds to approximately $5.5 million.
The disclosures in this Form 8-K shall not constitute an offer to sell or the solicitation of an offer to buy securities of the Company, nor shall there be any sale of such securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
DIGIRAD CORPORATION | |||
Date: June 10, 2020 | By: | /s/ Matthew G. Molchan | |
Name: Matthew G. Molchan Title: President and Chief Executive Officer |