Fluent, Inc. Announces $5.75 Million Registered Direct Offering and $2.75 Million Concurrent Private Offering
1. Fluent, Inc. offers 2.48 million shares at $2.3152 each. 2. Concurrent placement will issue 1.18 million pre-funded warrants for $2.3147 each. 3. Net proceeds expected are $5.3 million from the stock offering. 4. Funds will be used for general corporate purposes and capital expenditures. 5. Offerings subject to stockholder approval for pre-funded warrants exercise.