CuriosityStream (NASDAQ: CURI), a global factual entertainment company, announced that it has closed an underwritten public offering that consisted of 7,475,000 shares of common stock, which were sold at the public offering prices of $13.50 per share. That number includes an additional 975,000 shares granted to the underwriters pursuant to the full exercise of the over-allotment option. The public offering resulted in gross proceeds of approximately $100.9 million for CuriosityStream, which announced that it plans to use the proceeds from the public offering for investment in program content, marketing and general corporate purposes. Acting as co-manager for the offering was ROTH Capital Partners.
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About CuriosityStream Inc.
CuriosityStream is one of the world’s leading global factual streaming services and media companies. Its documentary series and features cover every topic from space exploration to adventure to the secret life of pets, empowering viewers of all ages to fuel their passions and explore new ones. With thousands of titles, many in Ultra HD 4K, including exclusive originals, CuriosityStream features stunning visuals and unrivaled storytelling to demystify science, nature, history, technology, society and lifestyle. CuriosityStream programming is available worldwide to watch on TV, desktop, mobile and tablets. For more information about the company, please visit www.CuriosityStream.com.
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