Core Points - Giftify, Inc. announced a public offering of 600,000 shares at a price of $1.00 per share, expecting gross proceeds of approximately $600,000 before expenses [1] - The offering is set to close on January 16, 2025, pending customary closing conditions [1] - Craft Capital Management LLC is the sole placement agent for this offering [2] Company Overview - Giftify, Inc. operates digital platforms such as CardCash.com and Restaurant.com, focusing on incentives and rewards in retail, dining, and entertainment [4] - CardCash.com is a secondary gift card exchange platform, while Restaurant.com is the largest restaurant-focused digital deals brand in the U.S., offering deals at over 184,000 restaurants and retailers [4] - The company aims to use the net proceeds from the offering for general corporate purposes, capital expenditures, working capital, and administrative expenses [2]

Core Viewpoint - Giftify, Inc. has announced a public offering of 600,000 shares at a price of $1.00 per share, aiming to raise approximately $600,000 in gross proceeds before expenses [1][2]. Group 1: Company Overview - Giftify, Inc. operates digital platforms CardCash.com and Restaurant.com, focusing on incentives and rewards in retail, dining, and entertainment [4]. - CardCash.com is a secondary gift card exchange platform, while Restaurant.com is the largest restaurant-focused digital deals brand in the U.S., offering deals at over 184,000 restaurants and retailers [4]. Group 2: Offering Details - The public offering consists of 600,000 shares with no warrants, expected to close on January 16, 2025, subject to customary closing conditions [1]. - Craft Capital Management LLC is the sole placement agent for this offering [2]. - The net proceeds from the offering will be used for general corporate purposes, capital expenditures, working capital, and general administrative expenses [2]. Group 3: Regulatory Information - A shelf registration statement related to the public offering was filed with the SEC and declared effective on October 15, 2024 [3]. - Preliminary prospectus supplements and accompanying prospectus are available on the SEC's website [3].

Core Insights - Giftify, Inc. is celebrating the second year of its white label partnership with CVS, which facilitates a gift card exchange program [2][4] - The partnership allows CVS to accept unwanted gift cards for store e-credit, enhancing customer experience and providing value [3][4] Company Overview - Giftify, Inc. operates leading digital platforms, including CardCash.com and Restaurant.com, focusing on incentives and rewards in retail, dining, and entertainment [2][5] - CardCash.com is a prominent secondary gift card exchange platform, enabling consumers and retailers to buy and sell gift cards [5] - Restaurant.com is the largest restaurant-focused digital deals brand in the U.S., offering thousands of dining, retail, and entertainment deals nationwide [5] Partnership Details - The collaboration with CVS is aimed at providing a solution for consumers who have unwanted gift cards, allowing them to trade these cards online for e-credit [4] - The initiative is positioned as a win-win for both consumers and retailers, aligning with the growing trend of gift card versatility [4] Market Position - Giftify, Inc. connects digital consumers, businesses, and communities, offering extensive options for savings at over 184,000 restaurants and retailers across the country [5] - The company emphasizes its commitment to providing the best deals for consumers, enhancing the overall value proposition of its platforms [5]

Reflects Increased Demand and Usage of its Leading Digital Platforms SCHAUMBURG, IL, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ:GIFT) (the "Company"), the owner and operator of leading digital platforms, CardCash.com and Restaurant.com, with a focus on incentives and rewards in retail, dining and entertainment experiences, is pleased to announce its strong finish to 2024 and that its annual 2024 revenue was greater than the previously provided forecast of $85 million. The better-than-expected r ...

Reflects Increased Demand and Usage of its Leading Digital Platforms SCHAUMBURG, IL, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ: GIFT) (the “Company”), the owner and operator of leading digital platforms, CardCash.com and Restaurant.com, with a focus on incentives and rewards in retail, dining and entertainment experiences, is pleased to announce its strong finish to 2024 and that its annual 2024 revenue was greater than the previously provided forecast of $85 million. The better-than-expected ...

SCHAUMBURG, IL, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ: GIFT) (the “Company”), the owner and operator of leading digital platforms, CardCash.com and Restaurant.com, with a focus on incentives and rewards in retail, dining & entertainment experiences, is pleased to announce robust sales growth of approximately 57% for the recent shopping holiday of Black Friday through Cyber Monday. This growth resulted in $3.1 million in face value of gift cards sold and was comprised of 8,825 orders with a ...

SCHAUMBURG, IL, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ:GIFT) (the "Company"), the owner and operator of leading digital platforms, CardCash.com and Restaurant.com, with a focus on incentives and rewards in retail, dining & entertainment experiences, is pleased to announce robust sales growth of approximately 57% for the recent shopping holiday of Black Friday through Cyber Monday. This growth resulted in $3.1 million in face value of gift cards sold and was comprised of 8,825 orders with an ...

SCHAUMBURG, IL, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ:GIFT) (the "Company"), the owner and operator of leading digital platforms, CardCash.com and Restaurant.com, with a focus on incentives and rewards in retail, dining & entertainment experiences, today announced that its previously announced registered direct offering with Craft Capital Management, LLC has been cancelled. Giftify management decided to cancel the offering due to market conditions. About Giftify, Inc. Giftify, Inc. is a pi ...

SCHAUMBURG, IL, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ: GIFT) (the “Company”), the owner and operator of leading digital platforms, CardCash.com and Restaurant.com, with a focus on incentives and rewards in retail, dining & entertainment experiences, today announced that it intends to offer its securities in a registered direct offering. The Company intends to use the net proceeds from this offering for working capital. The offering is subject to market conditions, and there can be no assur ...

SCHAUMBURG, IL, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ:GIFT) (the "Company"), the owner and operator of leading digital platforms, CardCash.com and Restaurant.com, with a focus on incentives and rewards in retail, dining & entertainment experiences, today announced that it entered into a securities purchase agreement with certain individual investors to purchase approximately $5.0 million shares of its common stock (or common stock equivalents in lieu thereof) in a registered direct offerin ...