CSS Entertainment (CSSE) Prices $10.4M Notes Offering

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Go back to CSS Entertainment (CSSE) Prices $10.4M Notes Offering

Chicken Soup for the Soul Entertainment Announces Pricing of $10,400,000 of Notes Due 2025

April 20, 2022 9:14 AM EDT

COS COB, Conn., April 20, 2022 (GLOBE NEWSWIRE) -- Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE) (the Company), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced the pricing of its underwritten public offering of an aggregate principal amount of $10,400,000 9.5% Notes due 2025 (Notes). In addition, the Company has granted the underwriters a 30-day option to purchase additional Notes having an aggregate principal amount of up to $1,560,000 to cover overallotments, if any. The Notes will be issued in minimum denominations of $25.00 and integral multiples of $25.00. The offering is expected... More