Intellicheck Mobilisa (IDN) Commences Proposed Public Offering of Common Stock

Intellicheck, Inc. (NASDAQ: IDN) (“Intellicheck”), an industry leader in identification authentication solutions, today announced that it has commenced an underwritten registered public offering of its common stock. In addition, Intellicheck intends to grant the underwriter for the offering a 30-day option to purchase up to an additional 15% of the shares of its common stock sold in the offering to cover over-allotments, if any. All shares of common stock to be sold in the proposed offering will be offered by Intellicheck. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Intellicheck intends to use the net proceeds from this proposed offering for general corporate purposes and working capital.

Northland Capital Markets is acting as the sole book-running manager for the proposed offering.

The proposed offering is being made pursuant to a shelf registration statement on Form S-3 (File No. 333-238680) that was previously filed with the Securities and Exchange Commission (the “SEC”) on May 22, 2020, amended on June 1, 2020 and declared effective on June 4, 2020.

You May Also Be Interested In

• Definium Therapeutics raises $805M in upsized public offering
• Eco Wave Power raises $4M in direct offering priced at premium
• Eikon Therapeutics to join Russell 3000 index on June 26