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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News
- TerraNova Capital Equities announces three transactions totaling $45 MillionPR Newswire
- 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) was upgraded by analysts at Maxim Group to a "strong-buy" rating.MarketBeat
- Inuvo Inc (INUV) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic Growth ... [Yahoo! Finance]Yahoo! Finance
- Inuvo Reports 23% Sequential Revenue Growth to $22.4 million for the Third Quarter of 2024GlobeNewswire
INUV
Analyst Actions
- 11/12/24 - Maxim Group
INUV
Sec Filings
- 11/20/24 - Form 8-K
- 11/8/24 - Form 8-K
- 11/8/24 - Form 10-Q
- INUV's page on the SEC website