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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