CARY,
N.C., Nov. 30, 2023 /PRNewswire/ -- Fathom
Holdings Inc. (Nasdaq: FTHM) ("Fathom" or the "Company"), a
national, technology-driven, end-to-end real estate services
platform integrating residential brokerage, mortgage, title,
insurance, and SaaS offerings for brokerages and agents, today
announced a proposed primary and secondary offering of its common
stock in an underwritten public offering. The offering is subject
to market and other conditions, and there can be no assurance as to
whether or when the offering may be completed, or the actual size
or terms of the offering. The Company intends to use the net
proceeds from the offering for general corporate purposes.
Fathom also expects to grant to the underwriters of the offering
a 45-day option to purchase up to an additional 15% of the shares
of common stock offered in the underwritten public offering on the
same terms and conditions. The offering is subject to market and
other conditions, and there can be no assurance as to whether or
when the offering may be completed, or as to the actual size or
terms of the offering.
Roth Capital Partners is acting as sole manager for the
offering.
A shelf registration statement relating to the shares of common
stock to be issued in the primary and secondary offering was filed
with the Securities and Exchange Commission (the "SEC") and is
effective. 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. Copies of
the prospectus in connection with this offering will be filed with
the Securities and Exchange Commission and, when available, may be
obtained from Roth Capital Partners, LLC, 888 San Clemente,
Newport Beach, CA 92660,
Attention: Prospectus Department, by telephone at (800) 678-9147 or
by accessing the SEC's website, www.sec.gov.
About Fathom Holdings Inc.
Fathom Holdings Inc. is a national, technology-driven, real
estate services platform integrating residential brokerage,
mortgage, title, insurance, and SaaS offerings to brokerages and
agents by leveraging its proprietary cloud-based software,
intelliAgent. The Company's brands include Fathom Realty, Dagley
Insurance, Encompass Lending, intelliAgent, LiveBy, Real Results,
and Verus Title. For more information,
visit www.FathomInc.com
Cautionary Note Concerning Forward-Looking
Statements
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995
regarding the proposed public offering and the use of proceeds. The
offering is subject to market and other conditions and there can be
no assurance as to whether or when the offering may be completed or
as to the actual size or terms of the offering. These
forward-looking statements are subject to risks and uncertainties
that may cause actual results to differ materially, including
market conditions, risks associated with the cash requirements of
Fathom's business and other risks set forth in the Registration
Statement on Form S-3 filed with the SEC on September 13, 2021, as amended and/or
supplemented, and in the Risk Factors section of the Company's most
recent Form 10-K as filed with the SEC and supplemented from time
to time in other Company filings made with the SEC. Copies of
Fathom's Form 10-K and other SEC filings are available on the SEC's
website, www.sec.gov. The Company undertakes no obligation to
update these statements for revisions or changes after the date of
this release, except as required by law.
Investor Contact:
Alex Kovtun and Matt Glover
Gateway Group, Inc.
949-574-3860
FTHM@gateway-grp.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/fathom-holdings-announces-proposed-primary-and-secondary-offering-of-common-stock-302002611.html
SOURCE Fathom Realty