YGYI - NetworkNewsBreaks - Youngevity International Inc. (NASDAQ: YGYI) Announces Pricing of $7.25M Underwritten Public Offering
Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, on Thursday announced the pricing of its underwritten public offering of 290,000 shares of its 9.75% Series D Cumulative Redeemable Perpetual Preferred Stock, each at price of $25.00. The company expects to receive approximately $7,250,000 in gross proceeds from the offering, with the closing, subject to the satisfaction of customary conditions, expected to occur on or about September 24, 2019. The shares are expected to be traded under the symbol "YGYIP" on Nasdaq and will not be convertible into or exchangeable for any of the company's other securities.
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About Youngevity International Inc.
Youngevity International Inc. is a multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise, a commercial hemp enterprise and a multi-vertical omni direct selling enterprise. The company features a multi country selling network and has assembled a virtual Main Street of products and services under one corporate entity; YGYI offers products from the six top-selling retail categories, including health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry and innovative services. For more information, visit the company’s website at www.YGYI.com.
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