Stagwell Inc. has announced the unregistered sale of 863,624 shares of its Class A common stock, valued at $5.625 million, as part of the payment for its acquisition of a digital advertising company. The agreement also includes contingent obligations for additional payments based on the acquired company's financial performance over the next four years, with the option for Stagwell to issue up to $5.375 million and $7.0 million in additional shares for two performance-based payments. The issuance of shares was made under an exemption from registration and did not involve any cash proceeds or commissions.

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