Chicken soup for the soul entertainment announces pricing of $75 million public offering of common stock

Cos cob, conn., july 02, 2021 (globe newswire) -- chicken soup for the soul entertainment, inc. (the “company”, nasdaq: csse), a leading operator of streaming advertising-supported video-on-demand (avod) networks, today announced the pricing of an underwritten public offering of 1,875,000 shares of its common stock at a public offering price of $40.00 per share. the gross proceeds of the offering to the company are expected to be $75 million, before deducting the underwriting discounts and commissions and other estimated offering expenses. in addition, the company granted the underwriters a thirty-day option to purchase up to an additional 281,250 shares of common stock at the public offering price, less underwriting discounts and commissions.
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