Alliance Entertainment (AENT) Prices 1.34M Share Offering at $3/sh

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Alliance Entertainment Announces Pricing of Public Offering and Nasdaq Listing

June 29, 2023 6:43 PM EDT

PLANTATION, Fla.--(BUSINESS WIRE)-- Alliance Entertainment Holding Corporation (Nasdaq: AENT) (Alliance Entertainment, Company), a distributor and wholesaler of the worlds largest in stock selection of music, movies, video games, electronics, arcades, and collectibles, today announced the pricing of a public offering of 1,335,000 shares of Alliance Entertainments Class A common stock at a price to the public of $3.00 per share for aggregate gross proceeds of approximately $4.0 million, prior to deducting underwriting discounts and offering expenses. The Company has granted the underwriter a 45-day option to purchase up to 200,250 additional shares of Class... More