CSS Entertainment (CSSE) Prices 1.875M Share Offering at $40/sh

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Chicken Soup for the Soul Entertainment Announces Pricing of $75 Million Public Offering of Common Stock

July 2, 2021 8:00 AM UTC

COS COB, Conn., July 02, 2021 (GLOBE NEWSWIRE) -- Chicken Soup for the Soul Entertainment, Inc. (the Company, Nasdaq: CSSE), a leading operator of streaming advertising-supported video-on-demand (AVOD) networks, today announced the pricing of an underwritten public offering of 1,875,000 shares of its common stock at a public offering price of $40.00 per share. The gross proceeds of the offering to the Company are expected to be $75 million, before deducting the underwriting discounts and commissions and other estimated offering expenses. In addition, the Company granted the underwriters a thirty-day option to purchase up to an additional... More

Chicken Soup for the Soul Entertainment Announces Pricing of $75 Million Public Offering of Common Stock

July 2, 2021 8:00 AM UTC

COS COB, Conn., July 02, 2021 (GLOBE NEWSWIRE) -- Chicken Soup for the Soul Entertainment, Inc. (the Company, Nasdaq: CSSE), a leading operator of streaming advertising-supported video-on-demand (AVOD) networks, today announced the pricing of an underwritten public offering of 1,875,000 shares of its common stock at a public offering price of $40.00 per share. The gross proceeds of the offering to the Company are expected to be $75 million, before deducting the underwriting discounts and commissions and other estimated offering expenses. In addition, the Company granted the underwriters a thirty-day option to purchase up to an additional... More