Benzinga | Jul 7, 2021 06:22AM EDT

Bsquare Corporation On Jul. 6 Entered Side Letter With B. Riley Securities In Connection With At Market Issuance Sales Agreement Dated Apr. 7; Letter Confirmed Understanding That Agreement Applies To Issuance And Sale Of Shares Up To $50M

BSQR 8k

On July 6, 2021, Bsquare Corporation (the "Company") entered into a Side Letter (the "Side Letter") with B. Riley Securities, Inc. (the "Agent") inconnection with that certain At Market Issuance Sales Agreement dated April 2, 2021 (the "Sales Agreement") between the Agent and the Company.The Side Letter confirmed the understanding of the parties that the Sales Agreement applies to the issuance and sale of shares (the "Shares") of theCompany's common stock, no par value (the "Common Stock"), having an aggregate offering price of up to $50.0 million pursuant to the Company'sexisting shelf registration statement on Form S-3 (File No. 333-254458) originally filed with the Securities and Exchange Commission (the "SEC") onMarch 18, 2021 and which became effective on March 26, 2021 (the "Registration Statement"). All other terms and conditions of the Sales Agreementremain in full force and effect