Cosmo DeNicola Companies News


Tuesday, August 22, 2017

Chicken Soup for the Soul Entertainment Closes $30 Million Reg A+ IPO

Chicken Soup for the Soul Entertainment, a fast-growing provider of positive and entertaining video content that brings out the best of the human spirit, visited the Nasdaq MarketSite in Times Square on Friday August 18, 2017 in celebration of its historic IPO.

As previously announced, the company upsized its IPO to its maximum possible deal size of $30 million. A total of 2,500,000 shares of Class A common stock were sold at $12 per share. CSS Entertainment’s offering is the largest exchange-listed IPO completed under Reg A+ and the first to list on the higher tier Nasdaq Global Market.

In honor of the occasion, William J. Rouhana, Jr., Chairman and CEO, will ring the Opening Bell. 

“We are extremely pleased with the investor demand for our IPO,” said William J. Rouhana, Jr., chairman and chief executive officer. “Our fans and customers are truly loyal and passionate about our brand, and we are thrilled to have them join us as shareholders. To accommodate such demand, we upsized the offering repeatedly until we reached the $30 million maximum under our offering circular.”

Chicken Soup for the Soul Entertainment, Inc. is now listed on NASDAQ as CSSE. 

Topics: Chicken Soup for the Soul