Fathom Holdings (NASDAQ: FTHM), a holding company that primarily operates through its wholly owned subsidiary, Fathom Realty Holdings, LLC, a national, cloud-based, real estate brokerage, has closed its initial public offering (“IPO”) of 3,430,000 shares of its common stock. According to the update, each of the shares were sold at the public offering price of $10. Fathom secured gross proceeds of $34.3 million in the offering, which it intends to use for general corporate purposes, which may include financing growth, developing new services and funding capital expenditures, acquisitions and investments. The common stock began trading on the Nasdaq, under ticker symbol “FTHM,” on July 31, 2020. ROTH Capital Partners acted as sole book-running manager for the offering.
To view the full press release, visit http://nnw.fm/bTTRw
About Fathom Holdings Inc.
Fathom Holdings Inc. is the parent company of Fathom Realty Holdings, LLC, which is a national, virtual, full-service real estate brokerage that leverages proprietary cloud-based software called IntelliAgent to operate a platform as a service model (“PaaS”) for the residential real estate industry. Fathom offers real estate professionals 100% commission, small, flat-fee transaction costs, support and training, all powered by best-in-class operational efficiencies. For more information, please visit www.FathomRealty.com.
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]
NetworkNewsWire is part of the InvestorBrandNetwork