Liberated Syndication Inc. announced that it has entered into a stock purchase agreement to issue 1,265,338 shares of common stock for a purchase price of $3.75 per share for gross proceeds of $4,745,000 led by returning investor, Camac Partners, LLC on March 14, 2022. The transaction will include participation from with other existing shareholders and several new investors. The company has agreed to provide customary indemnification to the purchasers and their affiliates.

The common stock was offered and sold under the SPA in reliance upon exemptions from registration pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended and Rule 506 of Regulation D promulgated thereunder.