Dolphin Entertainment prices $2.3M public offering of 1.4M shares at $1.65

Dolphin Entertainment, Inc.

Offering of 1,400,000 shares of common stock at $1.65 per share; expected gross proceeds ~$2.3M.
Underwriter Maxim Group LLC granted 45-day option to buy up to 210,000 additional shares.
Net proceeds to be used for working capital, general corporate purposes, and potential acquisitions.
Offering closed on November 2, 2023, under effective shelf registration statement (File No. 333-273431).

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Dolphin Entertainment, Inc. entered into Underwriting Agreement with Maxim Group LLC valued at approximately $2,310,000 (effective 2023-10-31).

Action: entry
Agreement: underwriting
Counterparty: Maxim Group LLC
Value: approximately $2,310,000
Effective: 2023-10-31

Exact text from the filing

On October 31, 2023, Dolphin Entertainment, Inc. (the “ Company ”), entered into an Underwriting Agreement (the “ Underwriting Agreement ”) with Maxim Group LLC (the “ Underwriter ”), pursuant to which the Company agreed to issue and sell to the Underwriter in an underwritten public offering (the “ Offering ”) an aggregate of 1,400,000 shares (the “ Shares ”) of common stock, $0.015 par value per share, of the Company (the “ Common Stock ”).

View on SEC.gov

Browse all material agreements →

Dolphin Entertainment, Inc. filing history →

Source: SEC EDGAR

accession 0001079973-23-001524

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.