Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
This acquisition was made indirectly through her spouse. Following this transaction, Seifert owns 84,750 shares indirectly and 46,036 shares directly, which include restricted shares subject to the issuer’s 2023 Stock Incentive Plan. With a current financial health rating of “FAIR” according to InvestingProwhich offers 12 additional valuable insights into PSKH’s performance and outlook, investors can gain a deeper understanding of the significance of this insider transaction. With a current financial health rating of “FAIR” according to InvestingProwhich offers 12 additional valuable insights into PSKH’s performance and outlook, investors can gain a deeper understanding of the significance of this insider transaction. This acquisition was made indirectly through her spouse. Following this transaction, Seifert owns 84,750 shares indirectly and 46,036 shares directly, which include restricted shares subject to the issuer’s 2023 Stock Incentive Plan.
In other recent news, PSK Holdings, also known as PublicSquare, announced a registered direct offering of its Class A common stock, expecting to raise gross proceeds of approximately $36.2 million. The Company plans to use the net proceeds for general corporate purposes, including working capital. Roth Capital Partners (VA:) will facilitate the sale of shares. In addition, PSK Holdings implemented significant organizational changes, including reducing its workforce by over 35%, and secured a $5.35 million investment to fund the growth of its payment platform.
The company also received a $10 million investment through a private placement of convertible notes, improving its financial flexibility. Despite softer second-quarter results that led to a price target cut from $7.50 to $5.00 by Roth/MKM, PSK Holdings reported a 39% quarter-on-quarter increase in its brands business following its acquisition of Credo . The company is also migrating its Marketplace segment to the Rumble Cloud platform, which should strengthen its commerce and payments operations.
Lastly, TV personality Tucker Carlson will be speaking at their upcoming business summit in Orlando, Florida. These are recent developments at PSK Holdings.
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