Kubient Inc. (KBNT) Prices 3.53M Share Common Offering at $5.10/Sh

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Kubient Announces Pricing of Upsized $18.0 Million Public Offering of Common Stock

December 22, 2020 8:51 PM EST

NEW YORK, Dec. 22, 2020 /PRNewswire/ -- Kubient, Inc. (NasdaqCM: KBNT, KBNTW) ("Kubient" or the "Company"), a cloud-based software platform for digital advertising, announced today the pricing of its underwritten public offering of 3,529,411 shares of its common stock at a price to the public of $5.10 per share for gross proceeds of $18.0 million (the "Offering"). After the underwriting discounts and estimated offering expenses payable by the Company, the Company expects to receive net proceeds of approximately $16.3 million.

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