 Brooklyn, NY, June 08, 2020 GLOBE NEWSWIRE -- Cemtrex Inc. Nasdaq: CETX, CETXP, CETXW, a leading multi-industry technology company that is driving innovation in a wide range of commercial sectors such as Internet of Things IoT, Augmented and Virtual Reality AR VR, and Artificial Intelligence and Computer Vision AI CV, today announced it has closed its registered direct offering with multiple institutional investors for the purchase and sale of 3,055,556 shares of its common stock at a purchase price of 1.80 per share in a registered direct offering priced at-the-market under Nasdaq rules for gross proceeds of 5.5 million before deducting placement agent fees and expenses. After paying Offering fees and expenses, the Company received net proceeds of approximately 5.1 million from the Offering. 