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SOW GOOD INC - $SOWG STOCK NEWS

Welcome to our dedicated page for SOW GOOD news (Ticker: $SOWG), a resource for investors and traders seeking the latest updates and insights on SOW GOOD stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SOW GOOD's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SOW GOOD's position in the market.

Rhea-AI Summary

Sow Good Inc. announced its uplisting from OTCQB to Nasdaq with the pricing of a $12 million public offering, consisting of 1.2 million shares at $10.00 per share. The offering, expected to close on May 6, 2024, aims to raise gross proceeds for general corporate purposes, such as expansion and debt reduction. The approval to list on Nasdaq was received on May 1, 2024, with trading set to begin on May 2, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.2%
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Rhea-AI Summary
Sow Good Inc. announces a proposed public offering of common stock, aiming for $15 million in gross proceeds. The offering includes an option for underwriters to purchase additional shares. The company plans to utilize the funds for various corporate purposes, such as expanding production capacity and reducing indebtedness. Roth Capital Partners and Craig-Hallum are the key players in managing the offering.
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End-of-Day
-17.08%
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Rhea-AI Summary
Sow Good Inc. appoints Brendon Fischer as interim CFO, bringing over 20 years of financial leadership experience. Fischer's background includes managing a $1.3 billion fund and expertise in various industries. The appointment aims to support strategic growth initiatives in the freeze dried candy market.
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Rhea-AI Sentiment
End-of-Day
10.91%
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management
Rhea-AI Summary
Sow Good Inc. (SOWG) completes a successful $3.738M private placement, issuing 515,597 shares at $7.25 each, representing an 11.5% premium to the last equity raise. The company is excited about the sales growth of its freeze dried candy line and the increased flexibility to cater to customer demand.
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Rhea-AI Sentiment
End-of-Day
23.81%
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Rhea-AI Summary
Sow Good Inc. reports impressive financial results with Q4 revenue soaring to $9.5 million, an 89% increase sequentially. Full-year revenue for 2023 reached $16.1 million compared to $428.1k in 2022. The company's strong growth is driven by customer demand, expanded production capacity, and new product offerings in the freeze dried candy market.
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Rhea-AI Sentiment
End-of-Day
29.81%
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Rhea-AI Summary
Sow Good Inc. to Discuss Q4 and Full Year 2023 Results in Conference Call on March 22, 2024
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Rhea-AI Summary
Sow Good Inc. (SOWG) has announced its preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2023. The company reported a significant increase in revenue, with fourth quarter 2023 revenue expected to be between $9.54 and $9.57 million, marking a quarterly record and a significant increase compared to the same period in 2022. Full year 2023 preliminary revenue is expected to be between $16M and $16.12M, a significant increase compared to 2022. Sow Good also highlighted operational advancements, including the construction of three additional freeze driers, the opening of a corporate office in Monterrey, Mexico, team growth, and SKU expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.5%
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Rhea-AI Summary
Sow Good Inc. (SOWG) successfully completed a $2.77M private placement, raising funds from 426,288 newly issued shares at a 30% premium to the last equity raise. The company also appointed Keith Terreri as its permanent Chief Financial Officer, bringing extensive accounting and public company experience to the team.
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Rhea-AI Sentiment
End-of-Day
-0.26%
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Rhea-AI Summary
Sow Good Inc. (OTCQB: SOWG) reports a significant increase in Q3 revenue to $5.0 million, driven by demand for freeze-dried candy products. The company continues to expand production capacity and distribution footprint, leasing a 51,000 square foot warehouse in Irving, Texas. Gross profit and GAAP net income also improved significantly. The company aims to expand production capacity further to meet growing demand and solidify brand recognition.
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Rhea-AI Sentiment
End-of-Day
45.4%
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Rhea-AI Summary
Sow Good Inc. (OTCQB: SOWG) to Hold Conference Call to Discuss Q3 2023 Financial Results
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SOW GOOD INC

OTC:SOWG

SOWG Rankings

SOWG Stock Data

133.32M
1.70M
90.31%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
Carson City