EzFill sells 5M shares at $3.00 in public offering

EzFill (EZFL) announced the pricing of a public offering of 5M shares of common stock at a price to the public of $3.00 per share, for gross proceeds of $15M. The company intends to use the proceeds to expand its business, repay outstanding indebtedness, and general corporate purposes, including working capital. ThinkEquity is acting as sole book-runner for the offering. The stock closed Thursday down 2% to $3.56.