Sigma Labs Announces Closing of Public Offering of Common Stock and Exercise of Over-Allotment Option

(NASDAQ:SGLB) ("Sigma Labs" or the "Company"), a leading developer of quality assurance software for the commercial metal 3D printing industry, today announced the closing of its previously announced underwritten public offering of 1,488,507 shares of common stock at a public offering price of $3.00 per share. In connection with the offering, the underwriter exercised in full its over-allotment option to purchase an additional 223,276 shares of common stock at the public offering price, less the underwriting discount. As a result, the total offering size was 1,711,783 shares, and the gross proceeds from the offering were $5,135,349, before deducting underwriting discounts and estimated offering expenses.