Gaia Announces Closing of Underwritten Offering of $8.0 Million of Common Stock

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Gaia Announces Closing of Underwritten Offering of $8.0 Million of Common Stock

//media-entertainment.news-articles.net/content/ .. ten-offering-of-8-0-million-of-common-stock.html

Published in Media and Entertainment on Saturday, February 8th 2025 at 15:04 GMT by manilatimes
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

BOULDER, Colo., Feb. 07, 2025 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA) ("Gaia" or the "Company"), a conscious media and community company, announced today the closing of its previously announced underwritten public offering of 1,600,000 shares of its Class A common stock at a price to the public of $5.00 per share.

Gaia, Inc. announced the closing of an underwritten public offering of 8,000,000 shares of its common stock at a price of $10.00 per share, resulting in gross proceeds of $80 million before underwriting discounts and offering expenses. The offering was led by Roth Capital Partners, LLC, and Craig-Hallum Capital Group LLC served as co-managers. The company plans to use the net proceeds for general corporate purposes, which may include working capital, capital expenditures, and potential acquisitions or investments. The shares are listed on the NASDAQ Capital Market under the ticker symbol "GAIA."

Read the Full manilatimes Article at:
[ https://www.manilatimes.net/2025/02/08/tmt-newswire/globenewswire/gaia-announces-closing-of-underwritten-offering-of-80-million-of-common-stock/2052348 ]

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Vacationing with Children can be Easy!

Vacationing with Children can be Easy!

Gaia Announces Closing of Underwritten Offering of $8.0 Million of Common Stock

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