Alfi, Inc. (NASDAQ:ALF) announced a firm underwritten public offering of 3,731,344 shares of common stock and warrants at a public offering price of $4.15 per share, aiming for gross proceeds of approximately $15.5 million before expenses. The offering closes on or about May 6, 2021, with an option for underwriters to purchase an additional 559,701 shares. The common stock and warrants will begin trading on the Nasdaq from May 4, 2021.
Alfi, Inc. has announced the launch of its initial public offering (IPO) of 3,000,000 shares of common stock and 3,000,000 warrants. The offering price is anticipated to be between $5.00 and $7.00. The shares and warrants will be separable but sold together. The stock is expected to trade under the ticker symbols ALF and ALFIW on Nasdaq. Kingswood Capital Markets is the sole bookrunner, with a 45-day option for underwriters to purchase an additional 450,000 shares. The registration statement has been filed with the SEC.