Fluent Announces $10.3 Million Private Placement of Securities
1. Fluent, Inc. announces private placement of 5,871,427 shares at $1.75 each. 2. Warrants will be exercisable at $2.21, potentially increasing capital. 3. Company plans to use proceeds for working capital and corporate purposes. 4. Triple digit growth in Commerce Media Solutions drives company transformation. 5. Closing of the placement is expected subject to customary conditions.