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0 -0.00518134715025907 -0.00518134715025907 0 0 -0.0103626943005181 0.0103626943005181 0.0102072538860104
Stock impact report

Fathom Holdings Announces Closing of Underwritten Public Offering of Common Stock [Yahoo! Finance]

Fathom Holdings Inc. (FTHM) 
Company Research Source: Yahoo! Finance
platform, today announced the closing of its previously announced underwritten public offering of 3,000,000 shares of its common stock at a price of $2.00 per share. (PRNewsfoto/Fathom Realty) The Company also granted the underwriter of the offering a 45-day option to purchase up to an additional 15% of the shares of common stock offered in the underwritten public offering on the same terms and conditions. After the underwriting discount and anticipated expenses, the Company received net proceeds of approximately $5.4 million, not including exercise of the overallotment option. Roth Capital Partners acted as sole manager for the offering. "We view this capital raise as an important step in strengthening our financial foundation while giving us additional flexibility to accelerate our growth strategy," said Marco Fregenal, CEO of Fathom Holdings. "The proceeds will allow us to continue to invest in sales and marketing initiatives, pursue strategic opportunities that enhance our Show less Read more
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