Fathom Holdings Announces Closing of Underwritten Public Offering of Common Stock
Fathom Holdings (Nasdaq: FTHM) has successfully closed its previously announced underwritten public offering of 3,000,000 shares of common stock at $2.00 per share. The company received net proceeds of approximately $5.4 million after underwriting discounts and expenses.
The offering, managed by Roth Capital Partners, includes a 45-day option for the underwriter to purchase up to an additional 15% of shares on the same terms. CEO Marco Fregenal indicated that the capital raise will strengthen the company's financial foundation and support growth initiatives, including sales and marketing investments and strategic opportunities.
Fathom Holdings (Nasdaq: FTHM) ha chiuso con successo la sua offerta pubblica sottoscritta precedentemente annunciata di 3.000.000 azioni di comuni azioni a $2,00 per azione. L'azienda ha ottenuto proventi netti di circa $5,4 milioni dopo commissioni e spese di collocamento.
L'offerta, gestita da Roth Capital Partners, include un'opzione di 45 giorni per il sottoscrittore per acquistare fino al 15% di azioni in più alle stesse condizioni. Il CEO Marco Fregenal ha osservato che la raccolta di capitale rafforzerà la base finanziaria della società e sosterrà le iniziative di crescita, inclusi investimenti in vendite e marketing e opportunità strategiche.
Fathom Holdings (Nasdaq: FTHM) ha cerrado con éxito su oferta pública suscrita anteriormente anunciada de 3,000,000 de acciones comunes a $2,00 por acción. La compañía obtuvo ingresos netos de aproximadamente $5,4 millones tras las comisiones y gastos de colocación.
La oferta, gestionada por Roth Capital Partners, incluye una opción de 45 días para el suscriptor para adquirir hasta un adicional del 15% de las acciones en las mismas condiciones. El CEO Marco Fregenal indicó que la recaudación de capital fortalecerá la base financiera de la empresa y apoyará las iniciativas de crecimiento, incluidas inversiones en ventas y marketing y oportunidades estratégicas.
Fathom Holdings (Nasdaq: FTHM)가 3,000,000주의 보통주를 주당 $2.00로 배정하는 앞서 발표된 인수공모를 성공적으로 마감했습니다. 회사는 인수자 할인 및 비용 차감 후 순수익으로 약 $5.4백만을 받았습니다.
공모는 Roth Capital Partners가 주관했으며, 같은 조건으로 추가로 최대 15%의 주식을 매입할 수 있는 45일 옵션이 포함되어 있습니다. CEO Marco Fregenal은 자본 조달이 회사의 재무 기반을 강화하고 판매 및 마케팅 투자 및 전략적 기회를 포함한 성장 이니셔티브를 지원할 것이라고 밝혔습니다.
Fathom Holdings (Nasdaq: FTHM) a clôturé avec succès son offre publique souscrite précédemment annoncée de 3 000 000 d'actions ordinaires à 2,00 $ par action. La société a perçu près de 5,4 millions de dollars de produits nets après les commissions et frais d'émission.
L'offre, gérée par Roth Capital Partners, comprend une option de 45 jours permettant au souscripteur d'acheter jusqu'à 15% supplémentaires d'actions selon les mêmes conditions. Le PDG Marco Fregenal a indiqué que la levée de capitaux renforcera la base financière de l'entreprise et soutiendra les initiatives de croissance, notamment les investissements en vente et marketing et les opportunités stratégiques.
Fathom Holdings (Nasdaq: FTHM) hat erfolgreich seine zuvor angekündigte öffentlich gezeichnete Übernahme von 3.000.000 Stammaktien zu 2,00 $ pro Aktie abgeschlossen. Das Unternehmen erhielt Nettomittel von ca. 5,4 Mio. USD nach Underwriting-Abschlägen und Gebühren.
Die Angebot wurde von Roth Capital Partners betreut und umfasst eine 45-tägige Option für den Underwriter, bis zu zusätzlichen 15% der Aktien zu denselben Bedingungen zu erwerben. CEO Marco Fregenal gab an, dass die Kapitalbeschaffung die finanzielle Grundlage des Unternehmens stärken und Wachstumsinitiativen, einschließlich Investitionen in Vertrieb und Marketing sowie strategische Chancen, unterstützen wird.
Fathom Holdings (Nasdaq: FTHM) أنهت بنجاح اكتتابها العام المكتوب مسبقاً للإعلان على 3,000,000 سهماً عصبياً من الأسهم العادية بسعر $2,00 للسهم. تلقت الشركة عوائد صافية تقارب $5.4 مليون بعد خصومات وتكاليف الاكتتاب.
يشمل العرض، الذي تديره Roth Capital Partners، خياراً لمدة 45 يوماً للمكتتب لشراء حتى 15% إضافية من الأسهم بنفس الشروط. وذكر المدير التنفيذي ماركو فرجينال أن جمع رأس المال سيعزز الأساس المالي للشركة ويدعم مبادرات النمو، بما في ذلك الاستثمارات في المبيعات والتسويق وفرص استراتيجية.
Fathom Holdings（纳斯达克股票代码：FTHM） 已成功完成先前宣布的公开发行，发行价格为每股 2.00 美元，发行股份为 3,000,000 股。净募集资金约为 540 万美元，扣除承销折扣及费用后。
此次发行由 Roth Capital Partners 主承销，包含一个为期 45 天 的选择权，允许承销商在相同条件下再购买最多 15% 的股票。CEO Marco Fregenal 表示，这轮融资将加强公司的财务基础，并支持包括销售与市场投入及战略机会在内的增长计划。
- Raised $5.4 million in net proceeds to strengthen financial position
- Additional flexibility through 45-day overallotment option for 15% more shares
- Funds allocated for growth initiatives and strategic opportunities
- Significant shareholder dilution through 3 million new shares
- Low offering price of $2.00 per share indicates challenging market conditions
Insights
Fathom raised $5.4M in a dilutive stock offering at $2/share, strengthening finances but signaling potential cash flow challenges.
Fathom Holdings has completed a $5.4 million capital raise through an underwritten public offering of 3 million shares priced at $2.00 per share. This offering price appears significantly discounted, suggesting urgency in securing additional capital. The structure includes a 45-day option for underwriters to purchase up to an additional 15% of shares on identical terms.
The $2.00 per share price point indicates potential liquidity concerns, as companies typically avoid such dilutive financing unless necessary. This capital infusion represents approximately 13% dilution to existing shareholders based on the new shares issued, with potential for additional dilution if the overallotment option is exercised.
CEO Marco Fregenal's statement emphasizes using proceeds for three key areas: sales and marketing initiatives, pursuing strategic opportunities, and supporting ongoing operations. The last point is particularly telling – the need to fund ongoing operations suggests current cash flow may be insufficient to sustain the business without external financing.
This capital raise comes as Fathom faces challenges in the real estate services sector, which has experienced significant headwinds due to elevated interest rates and reduced transaction volumes. The relatively modest size of the raise ($5.4 million) provides limited runway, likely buying the company several quarters to improve operational performance.
While management frames this as strengthening their financial foundation for growth, investors should carefully weigh whether this capital will be sufficient to achieve the stated goals of driving "sustained profitability and long-term shareholder value" given current market conditions.
CARY, N.C., Sept. 22, 2025 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM), a national, technology-driven real estate services platform, today announced the closing of its previously announced underwritten public offering of 3,000,000 shares of its common stock at a price of
The Company also granted the underwriter of the offering a 45-day option to purchase up to an additional
Roth Capital Partners acted as sole manager for the offering.
"We view this capital raise as an important step in strengthening our financial foundation while giving us additional flexibility to accelerate our growth strategy," said Marco Fregenal, CEO of Fathom Holdings. "The proceeds will allow us to continue to invest in sales and marketing initiatives, pursue strategic opportunities that enhance our platform, and support ongoing operations. Ultimately, these efforts are aimed at creating a healthier, more resilient company that we believe can drive sustained profitability and long-term shareholder value."
A shelf registration statement relating to the shares of common stock to be issued in the offering was filed with the Securities and Exchange Commission (the "SEC") and is effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Copies of the prospectus in connection with this offering was filed with the SEC and may be obtained from Roth Capital Partners, LLC, 888 San Clemente,
About Fathom Holdings Inc.
Fathom Holdings Inc. is a national, technology-driven real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings to brokerages and agents by leveraging its proprietary cloud-based software, intelliAgent. The Company's brands include Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real Results, Verus Title, and Cornerstone. For more information, visit www.FathomInc.com.
Cautionary Note Concerning Forward-Looking Statements
This press release contains "forward-looking statements" that involve risks and uncertainties which we expect will or may occur in the future and may impact our business, financial condition and results of operations. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including risks associated with general economic conditions, including rising interest rates; the Company's ability to generate positive operational cash flow; risks associated with the Company's ability to continue achieving significant growth; the Company's ability to continue its growth trajectory while achieving profitability over time; risks related to ongoing and future litigation; and other risks as set forth in the Risk Factors section of the Company's most recent Form 10-K as filed with the SEC and supplemented from time to time in other Company filings made with the SEC. Copies of the Company's Form 10-K and other SEC filings are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release except as required by law.
Investor Contact:
Matt Glover and Clay Liolios
Gateway Group, Inc.
949-574-3860
FTHM@gateway-grp.com
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SOURCE Fathom Holdings Inc.
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