Inuvo (INUV) Prices $10 Million Common Stock Offering at $0.50/Each
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Inuvo, Inc. Prices $10 Million Common Stock Offering
July 23, 2020 8:30 AM EDTLITTLE ROCK, Ark., July 23, 2020 (GLOBE NEWSWIRE) -- INUVO, INC. (NYSE AMERICAN: INUV) (Inuvo or the Company), a leading provider of marketing technology, powered by IntentKey artificial intelligence that serves brands and agencies, today announced the pricing of an underwritten public offering of 20,000,000 shares of its common stock at a price to the public of $0.50 per share. The gross proceeds to Inuvo, Inc. from this offering are expected to be approximately $10,000,000, before deducting underwriting discounts and commissions and other estimated offering expenses. Inuvo has granted the underwriters a 45-day option to purchase up to an... More
Inuvo, Inc. Announces Proposed Public Offering of Common Stock
July 22, 2020 4:05 PM EDTLITTLE ROCK, Ark., July 22, 2020 (GLOBE NEWSWIRE) -- INUVO, INC. (NYSE AMERICAN: INUV) (Inuvo or the Company), a leading provider of marketing technology, powered by IntentKeyTM artificial intelligence that serves brands and agencies, today announced that it intends to offer shares of its common stock for sale in an underwritten public offering. As part of this offering, Inuvo intends to grant the underwriters a 45-day option to purchase up to an additional fifteen percent (15%) of the shares of common stock offered in the public offering. The offering is subject to market... More
