Gaia (GAIA) announced that it intends to offer and sell shares of its Class A common stock in an underwritten public offering. The company intends to use the net proceeds from the offering primarily for, but not limited to, enhancements of its AI capabilities, the development of the Gaia Community project, and for general corporate purposes. Roth Capital Partners and Lake Street Capital Markets are acting as joint book-running managers for this offering.
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