09:00 AM EST, 12/20/2024 (MT Newswires) -- Shares of FingerMotion ( FNGR ) were down premarket Friday after the technology company said it sealed an agreement with investors to raise $5 million in gross proceeds via the sale of common stock and warrants in a registered direct offering.

The offering is expected to close on Monday and FingerMotion ( FNGR ) said it intends to use net proceeds for general corporate purposes.