11:45 AM EDT, 06/07/2024 (MT Newswires) -- MultiSensor AI ( MSAI ) on Friday filed a registration statement with the US Securities and Exchange Commission for a $10 million common stock offering.

The company granted the underwriters a 45-day option to purchase additional shares of common stock, representing 15% of the common stock sold in the offering.

MultiSensor expects to use the net proceeds for general corporate purposes, according to the filing.

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