other material
confidence high
sentiment neutral
materiality 0.60
Red Violet raises $21M in registered direct offering of 552,915 shares at $38/share
Red Violet, Inc.
- Gross proceeds of $21,010,770 from sale of 552,915 common shares at $38 per share in registered direct offering.
- Net proceeds estimated at $20,945,000 after expenses; no investment banker used.
- Proceeds earmarked for working capital, general corporate purposes, or potential future transactions.
- Offering expected to close on or before November 23, 2021, subject to customary closing conditions.