Parametric Sound Announces Closing of Common Stock Offering
Parametric Sound Corporation (NASDAQ: HEAR), announced today the closing of its underwritten offering of 4 million shares of its common stock at a price to the public of $10.00 per share. The Company has also granted the underwriters a 30-day option to purchase up to an additional 600,000 shares of its common stock at the public offering price to cover over-allotments, if any.