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SRM Entertainment, Inc. ( (SRM) ) has shared an announcement.
On May 27, 2025, SRM Entertainment, Inc. announced the closing of a $5 million private investment in public equity (PIPE) financing with an institutional investor. The company sold 5,000 shares of its Series A Convertible Preferred Stock, convertible into common stock, and warrants to purchase additional shares. The proceeds will be used for general corporate purposes and working capital, with Dominari Securities LLC acting as the placement agent. The securities were offered to accredited investors under an exemption from registration, and SRM plans to file registration statements with the SEC for the resale of the unregistered shares.
More about SRM Entertainment, Inc.
SRM Entertainment, Inc. designs, develops, and manufactures custom merchandise, including toys and souvenirs, for major theme parks and entertainment venues worldwide. Their products are based on popular entertainment franchises and are distributed at locations such as Walt Disney Parks and Resorts, Universal Parks, and Six Flags.
Average Trading Volume: 446,810
Technical Sentiment Signal: Hold
For an in-depth examination of SRM stock, go to TipRanks’ Stock Analysis page.