Dolphin Entertainment (DLPN) Prices 1.4M Share Offering at $1.65/sh
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Dolphin Entertainment, Inc. Announces Pricing of $2.3 Million Public Offering of Common Stock
October 31, 2023 8:46 AM EDTMIAMI, FL / ACCESSWIRE / October 31, 2023 / Dolphin Entertainment ("Dolphin Entertainment" or the "Company") (NASDAQ: DLPN), a leader in entertainment marketing, today announced the pricing of its previously announced underwritten public offering of 1,400,000 shares of its common stock (the "Offering") at a public Offering price of $1.65 per share. In addition, Dolphin Entertainment has granted the underwriters a 45-day option to purchase up to an additional 210,000 shares of common stock.
Maxim Group LLC is acting as sole book-running manager for the Offering.
The gross proceeds of the Offering are expected to be approximately $2.3 million before deducting... More
