CuriosityStream falls 9% after $25-million secondary offering

CuriosityStream

13/08/2025 11:30

** Media company CuriosityStream's CURI.O shares fall 9% to $3.68 premarket

** CURI announced pricing of secondary offering of 7 million shares by a selling stockholder at $3.50 apiece for gross proceeds of $24.5 million

** Offering priced at 13.6% discount to last close

** Needham and Craig-Hallum were the joint book-running managers for the offering

** All three brokerages covering the stock rate it "buy" or higher; median PT $6 - data compiled by LSEG

** As of last close, CURI up 170% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com))