Crexendo Inc. (CXDO) Announces Proposed 3.5M Share Common Offering

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Crexendo Announces Launch of Public Offering

September 21, 2020 7:01 AM EDT

PHOENIX, AZ / ACCESSWIRE / September 21, 2020 / Crexendo, Inc. (NASDAQ: CXDO) ("Crexendo" or the "Company"), an award-winning premier provider of cloud communications, UCaas (Unified Communications as a Service), call center, collaboration services and other cloud based services, today announced it has launched a registered underwritten public offering of 3,500,000 shares of its common stock pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission ("SEC"). The offering is expected to include 1,750,000 shares to be issued and sold by Crexendo and 1,750,000 shares to be sold by certain stockholders. In... More