Giftify, Inc. (GIFT) Announces $5.0 Million Registered Direct Offering

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Giftify, Inc. Announces $5.0 Million Registered Direct Offering

December 20, 2024 4:00 PM EST

SCHAUMBURG, IL, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ: GIFT) (the Company), the owner and operator of leading digital platforms, CardCash.com and Restaurant.com, with a focus on incentives and rewards in retail, dining & entertainment experiences, today announced that it entered into a securities purchase agreement with certain individual investors to purchase approximately $5.0 million shares of its common stock (or common stock equivalents in lieu thereof) in a registered direct offering.

The gross proceeds to the Company from the registered direct offering are estimated to be approximately $5.0 million,... More