IMBI News and Press, iMedia Brands Inc. From 08/05/21

Siena Lending Provides iMedia $80 Million ABL Facility and GreenLake Provides iMedia $28.5 Million Term Note MINNEAPOLIS, Aug. 05, 2021 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (“iMedia” or the “Company”) (Nasdaq: IMBI) announces that on July 30,...

iMedia Brands (NASDAQ:IMBI) closed on the acquisition of Synacor's Portal and Advertising business segment in the last week. Financial terms remain undisclosed. The acquisition is for leveraging its interactive video expertise and national television promotional power, as well as its mer...

MINNEAPOLIS, Aug. 03, 2021 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (“iMedia” or the “Company”) (Nasdaq: IMBI) announced that on July 30, 2021, the Company closed on the acquisition of Synacor’s Portal and Advertising business segment. Financial terms were ...

MINNEAPOLIS, June 28, 2021 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (the “Company”) (Nasdaq: IMBI) announces it will launch 24 new brands in the second quarter 2021 across its 24/7, national lifestyle television networks, ShopHQ, ShopBulldogTV and ShopHQHealth. Commenting...

MINNEAPOLIS, June 24, 2021 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (“iMedia”) (Nasdaq: IMBI) announces its milestone progress in leveraging ShopHQ to accelerate the relaunch of the iconic 65-year-old Christopher & Banks brand (“CBK”) in the United States. ...

tolgart/iStock via Getty Images iMedia Brands (IMBI) has secured five-year exclusivity agreements with two of ShopHQ's largest vendors, Invicta Watch, or IWCA, and FamJams Trading. In June, the company entered into a confidential vendor exclusivity pact with IWCA, one of the company's te...

MINNEAPOLIS, June 21, 2021 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (the “Company”) (NASDAQ: IMBI) announces it has secured five-year exclusivity agreements with two of ShopHQ’s largest vendors, Invicta Watch Company of America, Inc (“IWCA”) and FamJams Tra...

iMedia Brands (IMBI) has appointed Montgomery “Monty” Wageman as Senior Vice President and Chief Financial Officer, effective as of June 16, 2021.Wageman will be taking over this role from Peterman, who has held this position on an interim basis since February 2020. Wageman...

MINNEAPOLIS, June 17, 2021 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (“iMedia” or the “Company”) (Nasdaq: IMBI) today announced the appointment of Montgomery “Monty” Wageman as the Company’s Senior Vice President and Chief Financial Officer rep...

iMedia Brands (IMBI) has priced its public offering of 4,830,918 common shares,  at a public offering price of $9.00/share, for expected gross proceeds of ~$43.5M.Underwriters' over-allotment is an additional 724,638 shares.All of the securiti...