Sunworks, Inc. Enters Into $15 Million ATM Sales Agreement

On June 6th, Stradling client Sunworks, Inc. (NASDAQ: SUNW) entered into an At Market Issuance Sales Agreement with B. Riley FBR, Inc. in connection with the offering, issuance and sale of up to an aggregate of $15 million of shares of its common stock pursuant to a shelf registration statement on Form S-3 for the offering of up to $50 million of its common stock, preferred stock, warrants and units. The company will use the proceeds from any sale of securities for working capital and general corporate purposes. 

Sunworks is a premier provider of high performance solar power systems for the agricultural, commercial, industrial and residential markets in California, Oregon, Texas, New Mexico and Nevada.