Lee Enterprises Closes Strategic Investment, Welcomes David Hoffmann to Board

DAVENPORT, Iowa, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (the “Company” and Nasdaq: LEE) today announced that it has closed its previously announced $50 million strategic equity private placement. The investment was led by David Hoffmann (“Hoffmann”), with participation from other existing investors in the Company, providing the Company with committed capital and a strengthened financial and governance foundation as it moves into its next phase. The Company received $50 million of gr ...