For more information please contact:
Equity Capital Markets
Head of Equity
Senior Vice President
Senior Vice President
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social discovery, has completed an underwritten public offering of 9,200,000 shares of its common stock, which includes the sale of 1,200,000 additional 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 $5.00 per share, resulting in the gross proceeds for MeetMe, Inc. of $46 Million.
MeetMe intends to use the net proceeds from the offering for general corporate purposes, including potentially to fund a portion of the consideration for the pending if(we) acquisition, and other potential future acquisitions.
ROTH Capital Partners acted as
Joint Book-Running Manager for the offering.
About MeetMe, Inc.
Through its portfolio of brands, MeetMe (NASDAQ: MEET) is meeting the universal need for human connection. Using innovative products and sophisticated data science, MeetMe keeps its approximately two million daily active users engaged and originates untold numbers of casual chats, friendships, dates, and marriages. MeetMe offers advertisers the opportunity to reach customers on a global scale with hundreds of millions of daily mobile ad impressions. MeetMe utilizes high user density, economies of scale, and leading monetization strategies to maximize EBITDA. MeetMe’s apps are available on iPhone, iPad, and Android in multiple languages worldwide. For more information, please visit
meetmecorp.com. (Sources: Company Press Release | 3/16/17)
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