PublicSquare announced an agreement with an institutional investor for the purchase and sale of its Class A common stock and warrants.
The offering is expected to raise approximately $7.5 million before expenses.
Roth Capital Partners is the exclusive placement agent for the offering.
Offering Details
6,818,184 shares of Class A common stock and accompanying warrants are being offered at $1.10 per share.
Use of Proceeds
Net proceeds will be used for general corporate purposes and working capital.
Registration Statement
Shelf registration on Form S-3 was filed with the SEC on May 9, 2025, and declared effective on May 16, 2025.
- The offering provides PublicSquare with significant funding for its operations and growth initiatives.
- The involvement of Roth Capital Partners adds credibility and expertise to the offering process.
The PublicSquare direct offering highlights the company's commitment to financial innovation and growth in line with its values-driven approach.