Recruiter Group’s Successful Direct Stock Offering Campaign

Recruiter Group (RCRT) has issued an update.

Recruiter.com Group, Inc. successfully conducted a registered direct offering on June 6, 2023, selling approximately 481,000 shares of common stock at $1.00 each to net $481,000. This strategic financial move, free of placement agent fees or offering expenses, leveraged an effective shelf registration statement and a prospectus filed in September 2022. The deal, which included customary legal formalities and indemnifications, closed swiftly on June 7, and was publicly announced via press releases before and after the offering’s completion.

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