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MediaCo Files Mixed Shelf Offering
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MediaCo Files Mixed Shelf Offering
Aug 12, 2024 3:13 PM

05:58 PM EDT, 08/12/2024 (MT Newswires) -- MediaCo Holding ( MDIA ) filed a registration statement with the US Securities and Exchange Commission on Monday for the proposed sale of about $24.7 million of its securities from time to time in one or more offerings.

The prospectus covers the sale by the company class A common stock, preferred stock, warrants, rights to purchase class A common stock, preferred stock or units, and units, according to the regulatory filing.

The company said it plans to use the net proceeds for general corporate purposes, including repayment of debt, funding capital expenditures, working capital, and general and administrative expenses.

Price: 4.96, Change: -0.07, Percent Change: -1.39

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