finance.yahoo.com
Williams Industrial Services Group Announces Plan for $7 million Rights Offering to Stockholders with Backstop Commitment
The Rights Offering is supported by a commitment (the “Backstop Agreement”) with Wynnefield Capital, Inc. (referred to, along with its affiliates as “Wynnefield”) to purchase all unsubscribed shares of common stock in the Rights Offering. The Company expects to receive aggregate gross proceeds of $7.0