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Troika Media Group, Inc. Announces Closing of Initial Public Offering


Troika Media Group, Inc. Announces Closing of Initial Public Offering
04/22/2021 | 05:55pm EDT
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Los Angeles, California, April 22, 2021 (GLOBE NEWSWIRE) via
NewMediaWire Troika Media Group, Inc. (NasdaqCM:TRKA) ( TMG or Company ), a brand identity and communications agency that provides integrated branding and advertising solutions for global brands, primarily in entertainment and sports, today announced the closing of its initial public offering of 5,783,133 shares of common stock and warrants to purchase 5,783,133 shares of common stock at a public offering price of $4.15 per share for aggregate gross proceeds of approximately $24.0 million prior to deducting underwriting discounts, commissions, and other offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 867,469 shares (and warrants) at the public offering price less the underwriting discounts and commissi ....

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