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Snow Lake Sources drops 31%, costs $15 million providing (NASDAQ:LITM)

by Index Investing News
December 30, 2024
in Financial
Reading Time: 1 min read
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  • Snow Lake Sources (NASDAQ:LITM), doing enterprise as Snow Lake Power priced public providing of 18.75M shares at a public providing value of $0.80 per share.
  • All the shares within the providing are being provided by the corporate.
  • Complete gross proceeds are anticipated to be roughly $15M.
  • The providing is anticipated to shut on December 31, 2024.
  • Web proceeds can be primarily used for working capital and common company functions.
  • The inventory value dropped 31% to $1.10 on Friday throughout after hours of buying and selling.

Extra on Snow Lake Sources



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