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].
Giftify, Inc. Announces Pricing of $600,000 Public Offering of Common Stock with No Warrants