AgileThought, Inc. Announces Pricing of $25 Million Public Offering of Class A Common Stock
Summary
IRVING, Texas, Dec. 22, 2021 (GLOBE NEWSWIRE) -- AgileThought, Inc. (“AgileThought” or the “Company”) (NASDAQ: AGIL), a global provider of digital transformation services, custom software development, and next generation technologies, today announced the pricing of an underwritten public offering of 3,560,710 shares of its Class A Common Stock at a price of $7.00 per share. AgileThought intends to use 60% of the net proceeds from the offering to repay a portion of its outstanding indebtedness, and the remainder will be used for general corporate purposes. Electronic copies of the prospectus relating to this offering, when available, may be obtained from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022 at (212) 624-2060. These statements are subject to known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from results expressed or implied in this press release, including but not limited to the risks and uncertainties contained in the Risk Factors section of our Quarterly Report on Form 10-Q for the quarter ended September 30, 2021, which we filed with the Securities and Exchange Commission on November 15, 2021, subsequent filings with the SEC and the preliminary prospectus related to the public offering. AgileThought assumes no obligation, and does not intend, to update these forward-looking statements as a result of future events or developments.