CloudCommerce Announces Closing of $10 Million Registered Direct Offering

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SAN ANTONIO, Feb. 23, 2021 (GLOBE NEWSWIRE) — CloudCommerce, Inc. (CLWD), a leading provider of digital advertising solutions, today announced that it has closed its previously announced registered direct offering, for the sale, under a securities purchase agreement with an institutional investor, of 142,857,143 shares of its common stock (or common stock equivalents in lieu thereof) and warrants to purchase 142,857,143 shares of common stock. The purchase price for one share of common…

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