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XGTI > SEC Filings for XGTI > Form 8-K on 18-Nov-2013All Recent SEC Filings

Show all filings for XG TECHNOLOGY, INC.



Other Events

Item 8.01. Other Events.

On November 18, 2013, xG Technology, Inc. (the "Company") closed its previously-announced underwritten public offering of its common stock. The Company offered 5,715,000 shares of its common stock at $1.75 per share to the public and received gross proceeds from the offering, before deducting the underwriting discount and estimated offering expenses payable by the Company, of approximately $10,000,000. Aegis Capital Corp. and Feltl and Company acted as the book-running managers for the offering. A copy of the press release announcing the closing is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

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