Inuvo Prices Underwritten Public Offering of Common Stock Raising $4.1 Million
Inuvo, Inc. (INUV)
NASDAQ:AMEX Investor Relations:
investor.inuvo.com
Company Research
Source: GlobeNewswire
LITTLE ROCK, Ark., July 11, 2019 (GLOBE NEWSWIRE) -- Inuvo, Inc. (NYSE American: INUV), a leading provider of marketing technology, powered by artificial intelligence that serves brands and agencies, today announced the pricing of an underwritten public offering of 13,750,000 shares of its common stock at a price of $0.30 per share. Inuvo has also granted to the underwriter of the offering a 30-day option to purchase up to an additional 2,062,500 shares of its common stock to cover overallotments in connection with the offering. After the underwriting discount and estimated offering expenses payable by Inuvo, Inuvo expects to receive net proceeds of approximately $3.8 million, assuming no exercise of the overallotment option. The offering is expected to close on July 15, 2019, subject to customary closing conditions. Roth Capital Partners is acting as sole manager for the offering. Inuvo intends to use the net proceeds from the offering for general corporate purposes, including
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INUV
News
- Inuvo, Inc. (NYSE: INUV) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Inuvo, Inc. (NYSE: INUV) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Inuvo to Present at the iAccess Alpha Virtual Best Ideas Winter Conference 2024 on December 10GlobeNewswire
- Inuvo, Inc. (NYSE: INUV) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Inuvo, Inc. (NYSE: INUV) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
INUV
Analyst Actions
- 11/12/24 - Maxim Group
INUV
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- INUV's page on the SEC website