Inuvo, Inc. Announces Closing of Underwritten Public Offering of Common Stock - Inuvo.com

Inuvo, Inc. Announces Closing of Underwritten Public Offering of Common Stock

LITTLE ROCK, Ark., May 15, 2018 (GLOBE NEWSWIRE) — Inuvo, Inc. (NYSE American:INUV), an advertising technology business, today announced the closing of its previously announced underwritten public offering of 2,860,000 shares of its common stock at a public offering price of $0.70 per share. The net proceeds to Inuvo, Inc. after deducting the underwriting discounts and commissions and estimated offering expenses payable by Inuvo, Inc., was approximately $1.8 million.

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