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Stock impact report

Giftify, Inc. Announces $5.0 Million Registered Direct Offering

Giftify, Inc. (GIFT) 
Company Research Source: GlobeNewswire
SCHAUMBURG, IL, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ: GIFT) (the “Company”), the owner and operator of leading digital platforms, CardCash.com and Restaurant.com, with a focus on incentives and rewards in retail, dining & entertainment experiences, today announced that it entered into a securities purchase agreement with certain individual investors to purchase approximately $5.0 million shares of its common stock (or common stock equivalents in lieu thereof) in a registered direct offering. The gross proceeds to the Company from the registered direct offering are estimated to be approximately $5.0 million, before deducting the placement agent’s fees and other estimated offering expenses. The offering is expected to close on or about December 26, 2024, subject to the satisfaction of customary closing conditions. Craft Capital LLC is acting as the exclusive placement agent for the offering. The proposed offering of the securities described above is being offered Show less Read more
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