LOUISVILLE, Ky., Feb. 18, 2021 /PRNewswire/ -- Creative
Realities, Inc. ("Creative Realities," "CRI," or the "Company")
(NASDAQ: CREX, CREXW), announced today that it has entered into a
definitive agreement with an institutional investor for the
purchase and sale of 800,000 shares at a purchase price of
$2.50 in a registered direct
offering. The closing of the offering is expected to occur on or
about February 22, 2021, subject to
the satisfaction of customary closing conditions.
This offering is being made pursuant to an effective shelf
registration statement on Form S-3 (File No. 333-238275) previously
filed with the U.S. Securities and Exchange Commission (the "SEC").
A prospectus supplement describing the terms of the proposed
offering will be filed with the SEC and will be available on the
SEC's website located at http://www.sec.gov.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About Creative Realities, Inc.
Creative Realities helps clients use the latest omnichannel
technologies to inspire better customer experiences. Founded over
15 years ago, CRI designs, develops and deploys consumer
experiences for high-end enterprise level networks, and is actively
providing recurring SaaS and support services for more than fifteen
diverse vertical markets, including but not limited to Automotive,
Advertising Networks, Apparel & Accessories, Convenience
Stores, Foodservice/QSR, Gaming, Theater, and Stadium Venues.
Cautionary Note on Forward-Looking Statements
This press release contains certain statements that are
"forward-looking statements" under Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934
and includes, among other things, discussions of our business
strategies, future operations and capital resources. Words such as
"estimates," "projected," "expects," "anticipates," "forecasts,"
"plans," "intends," "believes," "seeks," "may," "will," "should,"
"future," "propose" and variations of these words or similar
expressions (or the negative versions of such words or expressions)
are intended to identify forward-looking statements.
Given these uncertainties, and the fact that forward-looking
statements represent management's estimates and assumption as of
the date of this press release, you should not attribute undue
certainty to these forward-looking statements. We assume no
obligation to update any forward-looking statements publicly, or to
update the reasons why actual results could differ materially from
those anticipated in any forward-looking statements contained in
this press release, even if new information becomes available in
the future.
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SOURCE Creative Realities, Inc.