other material
confidence high
sentiment neutral
materiality 0.40
PLBY Group enters ATM equity offering agreement for up to $15M with Roth Capital
Playboy, Inc.
- Sales Agreement with Roth Capital Partners allows sale of up to $15M of common stock via at-the-market offerings.
- Commission rate of 3% of gross proceeds; Agent may sell on Nasdaq or in negotiated transactions.
- Shares issued under existing shelf registration statement (Form S-3, effective Sept 2022); prospectus supplement dated Aug 8, 2024.
- Company is not obligated to sell any shares; may suspend offering upon notice.
- Agreement includes customary representations, indemnification, and expense reimbursement up to $50,000 plus $7,500 per quarter.