Giftify Eyes $5 Million Via Direct Offering of Shares

MT Newswires Live

2024/12/21

Giftify (GIFT) said Friday it signed an agreement with certain investors to raise roughly $5 million in gross proceeds via a registered direct offering of its common shares.

The offering is set to close on Dec. 26, the company said.

Shares of the company were down nearly 2% in after-hours trading.

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