Gaia (GAIA) announced that it intends to offer and sell shares of its Class A common stock in an underwritten public offering. The company intends to use the net proceeds from the offering primarily for, but not limited to, enhancements of its AI capabilities, the development of the Gaia Community project, and for general corporate purposes. Roth Capital Partners and Lake Street Capital Markets are acting as joint book-running managers for this offering.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GAIA:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue