SpringBig Holdings, Inc. (NASDAQ: SBIG) announced the pricing of public offering of 13 million shares of its common stock at an at-the-market price of $0.3037.
The closing of the offering is expected to occur on or about May 31, 2023, subject to the satisfaction of customary closing conditions.
Roth Capital Partners is acting as sole placement agent for the offering.
The gross cash proceeds to the company from the offering are expected to be approximately $3.0 million, before deducting the placement agent’s fees and other offering expenses payable …