other material
confidence high
sentiment positive
materiality 0.65
Sow Good prices $12M public offering, uplists to Nasdaq
Sow Good Inc.
- Offering of 1.2M shares at $10/share, gross proceeds ~$12M.
- Underwriters granted 30-day option for 180K additional shares and warrants for 120K shares.
- Nasdaq uplisting effective May 2, 2024; ticker remains SOWG.
- Proceeds for expansion capex, working capital, marketing, and debt reduction.
- Expected closing May 6, 2024; Roth Capital sole book-runner, Craig-Hallum co-manager.