Giftify, Inc. Announces $5.0 Million Registered Direct Offering
20 Dezembro 2024 - 6:00PM
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, before deducting the placement agent’s fees and other
estimated offering expenses. The offering is expected to close on
or about December 26, 2024, subject to the satisfaction of
customary closing conditions.
Craft Capital LLC is acting as the exclusive
placement agent for the offering.
The proposed offering of the securities
described above is being offered by the Company pursuant to a
“shelf” registration statement on Form S-3 (File No. 333-282322)
filed with the Securities and Exchange Commission (SEC) and
declared effective by the SEC on October 15, 2024, and the
accompanying prospectus contained therein.
The offering is being made only by means of a
prospectus supplement and accompanying prospectus. The prospectus
supplement describing the terms of the public offering will be
filed with the SEC prior to the closing and will form a part of the
effective registration statement.
Copies of the prospectus supplement and the
accompanying prospectus relating to this offering may be obtained,
when available, on the SEC’s website at http://www.sec.gov or by
contacting Craft Capital LLC Attention: Syndicate Department, 377
Oak St #402, Garden City NY 11530, or by telephone at (516)
833-1325.
This press release shall not constitute an offer
to sell or the solicitation of an offer to buy any of the
securities described herein, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About Giftify, Inc. Giftify,
Inc. is a pioneer in the incentive and rewards industry with a
focus on retail, dining & entertainment experiences, as the
owner and operator of leading digital platforms, CardCash.com and
Restaurant.com. CardCash.com is a leading secondary gift card
exchange platform, allowing consumers and retailers to realize
value by buying and selling gift cards at various scales. Its
Restaurant.com is the nation’s largest restaurant-focused digital
deals brand. Restaurant.com and our Corporate Incentives division
connect digital consumers, businesses and communities offering
thousands of dining, retail and entertainment deals options
nationwide at over 184,000 restaurants and retailers.
Restaurant.com prides itself on offering the best deal, every meal.
Our gift cards and restaurant certificates allow customers to save
at thousands of restaurants across the country with just a few
clicks.
For more information, visit: www.giftifyinc.com
and www.cardcash.com and https://www.restaurant.com.
Forward-Looking StatementsPress
Releases may include forward-looking statements. In particular, the
words “believe,” “may,” “could,” “should,” “expect,” “anticipate,”
“estimate,” “project," "propose," "plan," "intend," and similar
conditional words and expressions are intended to identify
forward-looking statements. Any statements made in this news
release about an action, event or development, are forward-looking
statements. Such statements are based upon assumptions that in the
future may prove not to have been accurate and are subject to
significant risks and uncertainties. Such statements are subject to
a number of assumptions, risks and uncertainties, many of which are
beyond the control of the company. Accordingly, you should not
place undue reliance on these forward-looking statements. Although
the company believes that the expectations reflected in the
forward-looking statements are reasonable, it can give no assurance
that its forward-looking statements will prove to be correct.
Investors are cautioned that any forward-looking statements are not
guarantees of future performance and actual results or developments
may differ materially from those projected. The forward-looking
statements in this press release are made as of the date hereof.
The company takes no obligation to update or correct its own
forward-looking statements, except as required by law or those
prepared by third parties that are not paid by the company.
Statements in this press release that are not historical fact may
be deemed forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. Although Giftify,
Inc. believes the expectations reflected in any forward-looking
statements are based on reasonable assumptions, Giftify, Inc. is
unable to give any assurance that its expectations will be
attained. Factors that could cause actual results to differ
materially from expectations include the company’s ability identify
a suitable business model for the corporation.
Investors Contacts:
ClearThinknyc@clearthink.capital
Giftify (NASDAQ:GIFT)
Gráfico Histórico do Ativo
De Dez 2024 até Jan 2025
Giftify (NASDAQ:GIFT)
Gráfico Histórico do Ativo
De Jan 2024 até Jan 2025