Dolphin Entertainment announced that it has commenced an underwritten public offering of shares of its common stock, which it expects to price at or near the closing price of the common stock. The company also expects to grant to the underwriters of the offering a 45-day option to purchase up to an additional 15% of the shares of common stock offered in the underwritten public offering on the same terms and conditions. Maxim Group LLC is acting as the sole book-runner for the Offering.
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