Loop Media (LPTV) Prices 9.65M Share Offering at $0.15/sh

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Go back to Loop Media (LPTV) Prices 9.65M Share Offering at $0.15/sh

Loop Media, Inc. Announces $2.45 Million Registered Direct Offering and Private Placement

May 31, 2024 9:17 AM EDT

BURBANK, Calif.--(BUSINESS WIRE)-- Loop Media, Inc. ("Loop Media" or "our" or the "Company") (NYSE American: LPTV), a leading multichannel streaming CTV platform that provides curated music videos, sports, news, premium entertainment channels and digital signage for businesses, announced today that it has entered into a definitive securities purchase agreement for the purchase and sale of an aggregate of 9,652,174 shares of the Companys common stock (or common stock equivalents) at a purchase price of $0.15 per share of common stock (or common stock equivalent) in a registered direct offering. The... More