Rocky Mountain Chocolate Factory Inc. has completed a private placement of 1,500,000 shares of its common stock at a price of $1.80 per share, raising total proceeds of $2.7 million. The shares were sold to ARM-D Rocky Mountain Chocolate Holdings LLC in an unregistered sale, relying on exemptions under Section 4(a)(2) of the Securities Act and Rule 506 of Regulation D. Proceeds from the transaction will be used for general working capital purposes. The company has also entered into an investor rights agreement, granting the purchaser certain resale registration rights and preemptive rights. Rocky Mountain Chocolate Factory is required to file a resale registration statement with the SEC within 30 days of closing.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rocky Mountain Chocolate Factory Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-038341), on December 19, 2025, and is solely responsible for the information contained therein.