Creative Realities announced a proposed underwritten public offering and preliminary Q2 results with revenue of $21.0M–$23.0M and Adjusted EBITDA of $2.0M–$2.2M.
Key Highlights:
- Commenced underwritten public offering of common stock and pre-funded warrants; underwriter granted 30-day 12.5% overallotment option.
- Intends to use net proceeds for working capital, general corporate purposes, debt paydown and potential acquisitions.
- Preliminary unaudited Q2 revenue estimated between $21.0M and $23.0M (range).
- Preliminary unaudited Q2 Adjusted EBITDA estimated between $2.0M and $2.2M, implying ~10% Adjusted EBITDA margin.
- Estimates are preliminary, unaudited, subject to change and not reconciled to GAAP; no assurance offering will complete as proposed.
Original SEC Filing:
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