Vislink Technologies Closes $50M Registered Direct Offering

2/9/21

HACKETTSTOWN, NJ, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Vislink Technologies, Inc. (NASDAQ: VISL), the global technology leader in collection, delivery and management of high quality, live video and associated data, today announced that it has closed its previously disclosed offering for the purchase and sale of 18,181,820 shares of its common stock and common stock warrants to purchase up to 9,090,910 shares of common stock at a combined purchase price of $2.75 per share in a registered direct offering.

A.G.P./Alliance Global Partners acted as sole placement agent for the offering.

About Vislink

Vislink is a global technology business specializing in the collection, delivery, and management of high quality, live video and associated data from the scene of the action to the viewing screen. For the broadcast markets, Vislink provides solutions for the collection of live news, sports, and entertainment events. Vislink also furnishes the surveillance and defense markets with real-time video intelligence solutions using a variety of tailored transmission products. The Vislink team also provides professional and technical services utilizing a staff of technology experts with decades of applied knowledge and real-world experience to the areas of terrestrial microwave, satellite, fiber optic, surveillance, and wireless communications systems, to deliver a broad spectrum of customer solutions. Vislink’s shares of Common Stock are publicly traded on the Nasdaq Capital Market under the ticker symbol “VISL.” For more information, visit www.vislink.com.

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