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Orbital Infrastructure Group, Inc. Announces $50 Million Equity Purchase Agreement

Posted on August 19, 2022 By No Comments on Orbital Infrastructure Group, Inc. Announces $50 Million Equity Purchase Agreement

HOUSTON, Aug. 19, 2022 /PRNewswire/ — Orbital Infrastructure Group, Inc. (NASDAQ: OIG) (“Orbital”) today announced a standby equity purchase agreement (SEPA) with Yorkville Advisors Global LP (“Yorkville”) that will allow the company to sell up to $50 million of shares of common stock…

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