other material
confidence high
sentiment negative
materiality 0.70
Fathom raises $3.0M in registered direct offering; appoints Adam Rothstein to board
Fathom Holdings Inc.
- Company sells 4.34M shares at $0.6847 (investors) and $0.7206 (directors) for ~$3.0M gross proceeds.
- Offering led by new investors Adam Rothstein and ReMY Capital Partners; directors Flanders and Murray participate.
- Proceeds to be used for general corporate, working capital, and strategic acquisitions.
- Adam Rothstein to be appointed to Board upon closing expected March 14, 2025.