Troika Media Group Entered An At Market Issuance Sales Agreement With B. Riley Securities, Inc., Or B. Riley Securities; May Offer And Sell Shares Of Common Stock Having An Aggregate Offering Price Of Up To $70M From Time To Time
Portfolio Pulse from Benzinga Newsdesk
Troika Media Group has entered an at-market issuance sales agreement with B. Riley Securities, allowing them to offer and sell shares of common stock with an aggregate offering price of up to $70 million.
May 24, 2023 | 11:30 am
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Troika Media Group's agreement with B. Riley Securities allows them to sell common stock up to $70M, potentially impacting their stock price.
The agreement with B. Riley Securities allows Troika Media Group to sell common stock up to $70M, which could lead to an increase in their stock price due to the potential influx of capital. This news is highly relevant to TRKA and important for investors to consider when making decisions about the stock.
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