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CARY, N.C. - Fathom Holdings Inc. (NASDAQ:FTHM) announced Thursday a proposed primary offering of its common stock in an underwritten public offering, according to a company press release. The announcement comes as the company’s stock has shown strong momentum, with a remarkable 170% price return over the past six months, according to InvestingPro data.
The national technology-driven real estate services platform intends to grant underwriters a 45-day option to purchase up to an additional 15% of the offered shares on the same terms and conditions.
Fathom indicated that proceeds from the offering would be used for general corporate purposes, though the company noted that the offering remains subject to market conditions with no guarantee regarding completion, timing, or final terms.
Roth Capital Partners is serving as the sole manager for the offering.
The company, which integrates residential brokerage, mortgage, title, and SaaS offerings through its proprietary cloud-based software platform, has filed a shelf registration statement with the Securities and Exchange Commission related to the proposed share issuance.
Fathom Holdings operates several brands including Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real Results, Verus Title, and Cornerstone.
The announcement comes amid challenging market conditions for real estate companies, with rising interest rates affecting the broader housing market.
In other recent news, Fathom Holdings reported its Q2 2025 earnings, revealing a significant miss on earnings per share (EPS) expectations but exceeding revenue forecasts. The company posted an EPS of -$0.13, which was below the forecast of -$0.04. Despite this miss, the company saw strong revenue performance that contributed to positive investor sentiment. Additionally, shareholders approved an amendment to Fathom Holdings’ 2019 Omnibus Stock Incentive Plan, increasing the plan’s share reserve by 1,300,000 shares. This brings the total share reserve to 8,660,778 shares. At the company’s recent annual meeting, six directors were elected to serve one-year terms, expiring at the 2026 annual meeting. The directors elected include Marco Fregenal, Scott Flanders, David Hood, Stephen Murray, Adam Rothstein, and Jennifer Venable. The vote totals for each nominee ranged from 13,914,900 to 14,480,705 shares in favor.
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