UniPixel Closes Public Offering of its Common Stock and Warrants to Purchase Common Stock

Nov 30, 2015, 17:00 ET from UniPixel, Inc.

SANTA CLARA, Calif., Nov. 30, 2015 /PRNewswire/ -- UniPixel, Inc. (NASDAQ: UNXL), today announced the closing on November 30, 2015 of its previously announced public offering of the sale of 9,625,871 units ("Units") at a public offering price of $0.85 per Unit in a public offering resulting in gross proceeds to the Company of $8.1 million (the "Offering").

Each Unit consists of one share of UniPixel common stock, par value $0.001 per share ("Common Stock") and one warrant to purchase one share of Common Stock at an exercise price of $1.50 per share, exercisable for a period of five years from November 30, 2015.

Roth Capital Partners acted as lead placement agent in the Offering, with Ladenburg Thalmann & Co. Inc. serving as co-placement agent under the terms of a placement agency agreement entered into with Roth Capital Partners.

The warrants are not being separately listed for trading.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

About UniPixel

UniPixel, Inc. (NASDAQ: UNXL) develops and markets Performance Engineered Films for the touch screen and flexible electronics markets. The Company's roll-to-roll electronics manufacturing process patterns fine line conductive elements on thin films. The company markets its technologies for touch panel sensor, cover glass replacement, and protective cover film applications under the XTouch™ and Diamond Guard™ brands. For further information, visit www.unipixel.com.

Forward-looking Statements

All statements in this news release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding expectations regarding the completion of the public offering. These statements are based on management's current expectations. Such statements contain words such as "will," and "expect," or the negative thereof or comparable terminology. Forward-looking statements involve certain risks and uncertainties, and actual results and the timing of events may differ materially from those discussed or implied in any such statement. These risks include, but are not limited to the satisfaction of the conditions of the closing of the public offering, market conditions and other risks related to UniPixel's business and operations as are discussed under the heading "Risk Factors" and in other sections of UniPixel's filings with the SEC, and in its other current and periodic reports filed or furnished from time to time with the SEC. All forward-looking statements in this press release are made as of the date hereof, based on information available to UniPixel as of the date hereof, and UniPixel assumes no obligation to update any forward-looking statement.

Contact: Joe Diaz, Robert Blum, Joe Dorame Lytham Partners, LLC 602-889-9700 unxl@lythampartners.com

SOURCE UniPixel, Inc.



RELATED LINKS

http://www.unipixel.com