Aegis Capital Corp. Acted as Exclusive Placement Agent on $8 Million Registered Direct and Private Placement Offerings Priced At the-Market Under Nasdaq Rules for Kaspien Holdings Inc. (NASDAQ:KSPN)
Rhea-AI Summary
Kaspien Holdings Inc. (NASDAQ:KSPN) announced that Aegis Capital Corp. acted as Exclusive Placement Agent for an $8 Million Registered Direct and Private Placement Offering, priced at-the-market under Nasdaq rules. Kaspien, previously known as Trans World Entertainment Corporation, specializes in e-commerce acceleration via AI-driven software for brands on major online marketplaces. With over a decade of experience, Kaspien has served over 4,000 brands across 20 countries, optimizing supply chains and marketing strategies to drive growth.
Positive
- Kaspien raised $8 million through registered direct and private placement offerings.
- The company has a proven track record, having served over 4,000 brands in 20 countries.
Negative
- None.
News Market Reaction
On the day this news was published, KSPN gained 10.38%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
NEW YORK, NY ACCESSWIRE/ July 14, 2022 / Aegis Capital Corp. acted as Exclusive Placement Agent on
About Kaspien Holdings Inc.
Kaspien Holdings Inc. (f/k/a Trans World Entertainment Corporation) is a leading, global e-commerce accelerator that deploys AI-driven software and end-to-end services to optimize and grow brands on Amazon, Walmart, Target, eBay, and other online marketplaces. Rebranded as Kaspien in 2020, the Company has spent more than a decade developing a marketplace growth platform of proprietary technologies that maximize supply chain resilience, optimize marketing, strengthen brand control, and provide predictive analytics. Serving a variety of brands, distributors, agencies and FBA aggregators, Kaspien accelerates growth by tailoring an extensive suite of seller services to its partners' dynamic e-commerce needs. The Company has a long track record of success, having served over 4,000 brands in 20 countries. Kaspien's mastery of the e-commerce space and commitment to rapid innovation has earned the trust of many leading brands.
For more information, visit www.kaspien.com
About Aegis Capital Corporation
Aegis Capital Corporation ("Aegis") has been in the wealth management and investment banking business since 1984. Aegis is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis also provides research and sales and trading services to institutional investors. Aegis offers its investment representatives a conflict free service platform and is able to provide a full-range of products and services including investment banking, wealth management, insurance, retirement planning, structured products, private equity, alternatives, equity research, fixed income and special purpose vehicles.
For more information about this offering or Investment Banking Services please email Banking@aegiscap.com or call (212) 813-1010.
www.aegiscapcorp.com
Brokerage and investment advisory services are offered through Aegis Capital Corporation, a member of FINRA and SIPC. Investment and insurance products offered are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.
SOURCE: Aegis Capital Corp.
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https://www.accesswire.com/708583/Aegis-Capital-Corp-Acted-as-Exclusive-Placement-Agent-on-8-Million-Registered-Direct-and-Private-Placement-Offerings-Priced-At-the-Market-Under-Nasdaq-Rules-for-Kaspien-Holdings-Inc-NASDAQKSPN
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