Uni-Pixel, Inc. Closes Public Offering of its Common Stock

SANTA CLARA, Calif., June 2, 2016 /PRNewswire/ -- Uni-Pixel, Inc. (UNXL), today announced the closing of its previously announced underwritten public offering of common stock. The underwriters, pursuant to the terms of the underwriting agreement, also exercised in full their previously announced option to purchase 802,500 newly issued shares of common stock to cover over-allotments, for an aggregate issuance of 6,152,500 newly issued shares of common stock in the offering at a price to the public of $1.50 per share. The gross proceeds from the offering were approximately $9.2 million, with net proceeds to the Company of approximately $8.6 million after underwriting discounts and commissions.

Roth Capital Partners served as the sole book-running manager in this offering. Ladenburg Thalmann & Co. Inc. and The Benchmark Company served as co-managers.

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. Copies of the final prospectus supplement and accompanying base prospectus, meeting the requirements of Section 10 of the Securities Act of 1933, as amended, may be obtained from Roth Capital Partners at 888 San Clemente, Newport Beach, CA 92660 or by calling (800) 678-9147 or e-mail at rothecm@roth.com, or by visiting the EDGAR database on the SEC's web site at www.sec.gov.