Chicken soup for the soul entertainment announces exercise of underwriters' option to purchase additional notes due 2025

Cos cob, conn., dec. 29, 2020 (globe newswire) -- chicken soup for the soul entertainment inc. (nasdaq: csse) (the “company”), one of the largest operators of streaming advertising-supported video-on-demand (avod) networks, today announced that the underwriters of its recent public offering of 9.50% notes due 2025 (“notes”) have partially exercised their over-allotment option by purchasing an additional $1,408,150 principal amount of notes. closing of the partial exercise of the over-allotment option was completed today, generating net proceeds to the company of $1,305,988 after deducting the underwriters' discounts, commissions and certain expenses and will be used as described in the final prospectus.
CSSE Ratings Summary
CSSE Quant Ranking