Parametric Completes Public Offering of Common Stock
HENDERSON, NV, March 28, 2012 – Parametric Sound Corporation (Nasdaq: PAMT), a leading innovator of directed audio products and solutions, announced today the completion of its public offering of 1,888,888 shares of common stock. All such shares were sold at the price of $4.50 per share resulting in gross proceeds of $8.5 million and net proceeds of approximately $7.3 million after deducting underwriting…