SharpSpring (NASDAQ: SHSP) recently closed a secondary underwritten public offering of 2,054,948 common stock shares by existing stockholders, which include SHSP Holdings, LLC, Evercel Holdings LLC, and certain related selling stockholders. The offering resulted in gross proceeds of approximately $26.7 million, with shares sold at the public offering price of $13 per share. Selling stockholders will receive all proceeds, and SharpSpring, Inc. will not issue or sell any shares in nor receive any proceeds from the secondary offering. ROTH Capital Partners acted as joint book-running manager for the offering.
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About SharpSpring, Inc.
SharpSpring, Inc. (NASDAQ: SHSP) is a rapidly growing, highly-rated global provider of affordable marketing automation delivered via a cloud-based Software-as-a Service (“SaaS”) Platform. Thousands of businesses around the world rely on SharpSpring to generate leads, improve conversions to sales, and drive higher returns on marketing investments. Known for its innovation, open architecture and free customer support, SharpSpring offers flexible monthly contracts at a fraction of the price of competitors making it an easy choice for growing businesses and digital marketing agencies. For more information, please visit it www.SharpSpring.com.
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