Bloomia raises ~$12.1M in rights offering; converts $7.1M debt, reduces leverage

BLOOMIA HOLDINGS, INC.

Gross proceeds of ~$12.1M from rights offering: ~$5M cash, ~$7.1M debt conversion.
Approximately 3M common shares issued at $4.05 per share.
Net cash proceeds to repay acquisition debt at greater than 50% discount.
Rights offering expired April 1, 2026; subscriptions still being finalized.
Co-CEO Dan Philp says offering strengthens capital structure and positions for growth.

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