Direct Digital Holdings (DRCT) Prices 2.8M Unit IPO at $5.50/unit

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Go back to Direct Digital Holdings (DRCT) Prices 2.8M Unit IPO at $5.50/unit

DIRECT DIGITAL HOLDINGS PRICES INITIAL PUBLIC OFFERING

February 10, 2022 8:00 PM EST

HOUSTON, Feb. 10, 2022 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital"), a leading advertising and marketing technology holding group, today announced the pricing of its underwritten initial public offering of 2,800,000 units, each consisting of one share of Class A common stock and one warrant to purchase one share of Class A common stock at a price to the public of $5.50 per unit.  In addition, Direct Digital has granted the underwriters a 45-day option to purchase up to an additional 420,000 shares of Class A common stock and/or warrants to... More