QualityStocksNewsBreaks – Gaia Inc. (NASDAQ: GAIA) Secures $7.2M in Underwritten Public Offering
Gaia (NASDAQ: GAIA), a conscious media and community company, recently announced the closing of its underwritten public offering of 1,600,000 shares of its Class A common stock at a price to the public of $5.00 per share. The company secured approximately $7.2 million in net proceeds from the offering, which it intends to use primarily for, but not limited to, enhancements of its artificial intelligence (“AI”) capabilities, the development of the Gaia Community project, and for general corporate purposes. Roth Capital Partners acted as joint book-running manager for the offering. For more information, visit https://ibn.fm/gO9Y4 About Gaia Inc. Gaia is…