Stock Price Prediction

Gaia has priced its underwritten public offering of 1,600,000 shares of its Class A common stock at a public offering price of $5.00 per share. The Company expects the gross proceeds from the offering to be approximately $8M, before deducting the underwriting discounts and commissions and other estimated offering expenses payable by the Company. The Company has granted the underwriters in the offering a 45-day option to purchase up to 240,000 additional shares of Class A common stock. The Company expects to close the offering, subject to market and other conditions, on February 7, 2025. The Company intends to use the net proceeds from the offering primarily for, but not limited to, enhancements of 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.