NetworkNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Prices $5.58M Series D Cumulative Redeemable Perpetual Preferred Stock Offering
Youngevity International (NASDAQ: YGYI, YGYIP), a leading multi-channel lifestyle company, today announced the pricing of its underwritten public offering of 245,398 shares of its 9.75% Series D Cumulative Redeemable Perpetual Preferred Stock at a price to the public of $22.75 per share. Youngevity expects approximately $5.58 million in gross proceeds from the offering, from which it intends to use the net proceeds for working capital and other general corporate purposes. The closing of the offering, subject to the satisfaction of customary conditions, is expected to occur on or about December 20, 2019. The shares of Series D Preferred Stock trade…







