--- title: "Perma-Fix Environmental Services Prices $8.75 Offering; Over-Allotment Taken, Netting ~$21.1M" type: "News" locale: "en" url: "https://longbridge.com/en/news/286752989.md" description: "Perma-Fix Environmental Services has priced a public offering of 2,285,714 common shares at $8.75 each, with an over-allotment option fully exercised, netting approximately $21.1 million. The proceeds will fund facility upgrades, PFAS destruction R&D, and general corporate purposes. The offering is expected to close on May 18, 2026." datetime: "2026-05-18T10:13:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286752989.md) - [en](https://longbridge.com/en/news/286752989.md) - [zh-HK](https://longbridge.com/zh-HK/news/286752989.md) --- # Perma-Fix Environmental Services Prices $8.75 Offering; Over-Allotment Taken, Netting ~$21.1M Perma-Fix Environmental Services entered an Underwriting Agreement with Craig-Hallum Capital Group for a firm commitment public offering of 2,285,714 common shares at $8.75 per share, with a 30-day option for 342,857 additional shares that was fully exercised. The offering is expected to close on or about May 18, 2026, subject to customary conditions. Net proceeds are expected to be approximately $21.1 million, which the company plans to use for facility upgrades tied to Direct-Feed Low-Activity Waste and grouting, PFAS destruction R&D and commercial unit installation, ongoing capex and maintenance, and general corporate purposes. **Agreement details:** - **Agreement type**: Underwriting agreement for firm commitment public offering of common stock - **Counterparty**: Craig-Hallum Capital Group - **Signed / Effective**: May 14 2026 / May 14 2026 - **Reason**: Fund facility upgrades, PFAS R&D, capex, and working capital Original SEC Filing: PERMA FIX ENVIRONMENTAL SERVICES INC \[ PESI \] - 8-K - May. 18, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [PESI.US](https://longbridge.com/en/quote/PESI.US.md) ## Related News & Research - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [Keysight Technologies Reports Second Quarter 2026 Results | KEYS Stock News](https://longbridge.com/en/news/286959830.md) - [Wide postpones 2026 annual meeting to June 17; proxy voting deadline June 16](https://longbridge.com/en/news/286911986.md) - [Hafnia’s Q1 2026 Financial Results Presentation to Be Held on 27 May 2026 | HAFN Stock News](https://longbridge.com/en/news/287014236.md) - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md)