Fathom Holdings announces proposed public offering of common stock

Fathom Holdings Inc. (NASDAQ: FTHM) announced a proposed underwritten public offering of its common stock. The real estate services platform plans to grant underwriters a 45-day option to purchase up to an additional 15% of the offered shares under the same terms and conditions.

The company stated the offering remains subject to market and other conditions, with no assurance regarding completion, timing, or final size and terms. Fathom Holdings intends to use net proceeds for general corporate purposes.

Roth Capital Partners will serve as sole manager for the offering. A shelf registration statement for the proposed shares has been filed with the Securities and Exchange Commission and is effective.

Fathom Holdings operates as a technology-driven real estate services platform that integrates residential brokerage, mortgage, title, and software-as-a-service offerings. The company's brands include Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real Results, Verus Title, and Cornerstone.

The information is based on a company press release statement.

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