Bloomia Holdings Launches $15.5M Rights Offering at $4.05 Per Share
Bloomia Holdings fixed Feb 16, 2026 as the record date for a rights offering to raise up to $15.5 million by issuing approximately 3.8 million shares at $4.05 per whole share (2.16 rights per share). Proceeds will settle a $7.33 million seller note, $6.6 million related-party debt, fund $1.1 million in strategic investments, and cover $470 000 in fees.
1. Rights Offering Details
Bloomia’s Board set February 16, 2026 as the record date for its subscription rights offering. Shareholders receive one non-transferable right per share, each right entitling holders to buy 2.16 shares at $4.05 per whole share. The offering expires March 28, 2026, and if fully exercised will issue about 3.8 million shares for gross proceeds of $15.5 million.
2. Use of Proceeds
The company plans to apply $7.33 million toward settling its seller note at a discount exceeding 50%, $6.6 million to related-party debt (saving over $600 000 annually in interest), $1.1 million for strategic investments to reduce operating costs and improve quality, and $470 000 to offering fees.
3. Strategic Impact
By de-leveraging its balance sheet, Bloomia expects over $1.6 million in annual interest savings, strengthened financial flexibility, enhanced earnings potential, and the ability to fund future growth opportunities as they arise.