 ShiftPixy Inc. NASDAQ: PIXY has entered into a securities purchase agreement for a private placement of common stock and warrants for gross proceeds of 12 million. The company has agreed to sell 2.85 million common shares with warrants to buy up to 2.85 million shares of common stock and 4.67 million pre-funded warrants, each exercisable for one share of common stock, together with common warrants to purchase up to 4.67 million shares of common stock. 