CHERRY HILL, N.J., Oct. 10, 2023 (GLOBE NEWSWIRE) -- The Real Good Food Company, Inc. (NASDAQ:RGF) (the "Company"), a leading health and wellness frozen and refrigerated food company, today announced that it has commenced an underwritten public offering, subject to market and other conditions, to issue and sell shares of its Class A common stock. In connection with the offering, the Company expects to grant the underwriters a 30-day option to purchase additional shares of its Class A common stock in an amount up to 15% of the securities offered in the public offering. All of the shares of common stock to be sold in the proposed offering will be offered by the Company. 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. The Company intends to use the net proceeds from the proposed offering for general corporate purposes.
B. Riley Securities is acting as the sole bookrunning manager in the offering.
The securities described above are being offered by the Company pursuant to a shelf registration statement on Form S-3 with the Securities and Exchange Commission (the "SEC"), including a base prospectus, that was previously filed by the Company on September 11, 2023 and was declared effective on September 27, 2023. A preliminary prospectus supplement and accompanying prospectus relating to the offering will be ...