ROTH Capital Partners Acts as Joint Book-Running Manager
for BG Staffing, Inc. (NYSE American: BGSF)
in its $23 Million Follow-On

   

For more information please contact:

Investment Banking
Paul Zaffaroni
Managing Director
Co-Head of Consumer
Investment Banking
(949) 720-7174
pzaffaroni@roth.com

Jonathan Alyn
Director
(949) 720-7156
jalyn@roth.com

Equity Capital Markets
Aaron Gurewitz
Head of Equity
Capital Markets
(949) 720-5703
agurewitz@roth.com
 
Nazan Akdeniz
Senior Vice President
(949) 720-5740
nakdeniz@roth.com
 
Lou Ellis
Senior Vice President
(949) 720-5739
lellis@roth.com

Transaction Information
BG Staffing, Inc. (NYSE American: BGSF), a rapidly growing national provider of professional temporary staffing services, has closed an underwritten public offering of 1,293,750 shares of common stock, which includes the sale of an additional 168,750 shares pursuant to the full exercise of the over-allotment option granted to the underwriters. The shares were sold at a public offering price of $18 per share, resulting in gross proceeds for BG Staffing of approximately $23 Million.

BG Staffing, Inc. intends to use the proceeds received from the sale of the common stock to reduce outstanding indebtedness and for general corporate purposes; however, a portion of the proceeds may also be used to cancel outstanding stock options currently held by L. Allen Baker, Jr., BG Staffing's president and chief executive officer.

ROTH Capital Partners acted as joint book-running manager for the offering.

About BG Staffing, Inc.
Headquartered in Plano, Texas, BG Staffing provides staffing services to a variety of industries through its various divisions. BG Staffing is primarily a professional temporary staffing platform that has integrated several regional and national brands. For more information, please visit www.bgstaffing.com.
(Source: Company Press Release | 5/25/18)

About ROTH Capital Partners
ROTH Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and their investors. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading, market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately-held and employee owned, and maintains offices throughout the U.S. For more information on ROTH, please visit www.roth.com.

Date of Announcement: 6/1/18

The material, information and  facts discussed in this announcement other than the information regarding ROTH Capital Partners, LLC ("ROTH") and its affiliates, are from sources believed to be reliable, but are in no way guaranteed to be complete or accurate. This announcement should not be used as a complete analysis of any companies, securities or topics discussed herein. Additional information is available upon request. This is not, however, an offer or solicitation of the securities discussed. Any opinions or estimates in this announcement are subject to change without notice. An investment in any security based on this announcement may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Additionally, such investments may involve a high degree of risk and may not be suitable for all investors. No part of this announcement may be reproduced in any form without the express written permission of ROTH. Copyright 2018.