RDE (GIFT) on Wednesday filed a registration with the US Securities and Exchange Commission for a potential sale of common stock, preferred stock, warrants, subscription rights, debt securities, and units.
The mixed securities are expected to have an aggregate offering price of up to $30 million, the company said.
Proceeds from the sale of securities will be used to fund the company's marketing efforts, as well as product development.
Price: 2.78, Change: +0.26, Percent Change: +10.32
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.