VirTra (NASDAQ: VTSI), a global provider of training simulators for the law enforcement, military, educational and commercial markets, has closed its previously announced registered direct offering of 3,000,000 shares of common stock, each at a price of $6.00, based on the Nasdaq “Minimum Price” rule. VirTra secured total gross proceeds of $18.0 million, prior to deducting placement agents’ fees and other estimated offering expenses. Roth Capital Partners LLC (“ROTH”) acted as lead placement agent for the offering.
For more information about the company, visit www.VirTra.com
About Virtra Inc.
VirTra is a global provider of judgmental use of force training simulators, firearms training simulators and driving simulators for the law enforcement, military, educational and commercial markets. The company’s patented technologies, software and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship and related training that mimics real-world situations. VirTra’s mission is to save and improve lives worldwide through practical and highly effective virtual reality and simulator technology.
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