NEW YORK, July 21, 2021 (GLOBE NEWSWIRE) — Staffing 360 Solutions, Inc. (NASDAQ: STAF), a company executing an international buy-integrate-build strategy through the acquisition of staffing organizations in the United States and the United Kingdom, today announced that it has entered into a securities purchase agreement with several institutional investors for the purchase and sale, in a registered direct offering priced at-the-marked under Nasdaq rules, of 2,199,132 shares of its common stock at a purchase price of $3.45 per share for gross proceeds of approximately $7.58 million. The Company has also agreed to issue to the investors unregistered warrants to purchase up to an aggregate of 1,099,566 shares of common stock. The offering is expected to close on or about July 23, 2021, subject to satisfaction of customary closing conditions.

By A Silva