CuriosityStream Inc. (CURI) Announces Proposed 6.5M Share Common Offering

CuriosityStream Inc. (NASDAQ: CURI), a global factual entertainment company, announced today that it intends to offer for sale 6,500,000 shares of its common stock, par value $0.0001 per share (“Common Stock”), in an underwritten public offering. In addition, CuriosityStream expects to grant the underwriters a 30-day option to purchase an additional 975,000 shares of Common Stock. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

BofA Securities is acting as sole book-running manager for the offering and as representative of the underwriters. Needham & Company is acting as senior co-manager for the offering, and D.A. Davison & Co. and Roth Capital Partners are acting as co-managers for the offering.

CuriosityStream intends to use the net proceeds from the offering for investment in program content, marketing and general corporate purposes.

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