IDW Media Holdings, Inc. Announces NYSE American Uplisting and Closing of $10.4 Million Public Offering and Full Exercise of Underwriter's Over-Allotment Option

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Aug 06, 2021

NEWARK, NJ and LOS ANGELES, CA / ACCESSWIRE / August 6, 2021 / IDW Media Holdings, Inc. (NYSE American:IDW) (the "Company" or "IDW"), an integrated media company, today announced the closing of an underwritten public offering of 2,875,000 shares of its Class B Common Stock (the "Common Stock"), which included the full exercise of the underwriter's over-allotment option, at a public offering price of $3.60 per share for gross proceeds of approximately $10.4 million, prior to deducting underwriting discounts, commissions, and other offering expenses.