Fathom Holdings Prices IPO

8/2/20

Fathom Holdings Inc., a holding company that primarily operates through its wholly owned subsidiary, Fathom Realty Holdings, LLC, a national, cloud-based, real estate brokerage, today announced the pricing of its initial public offering of 3,430,000 shares of its common stock at a public offering price of $10 per share. The common stock is expected to begin trading on the Nasdaq Capital Market under the ticker symbol "FTHM" on Friday, July 31, 2020. The offering is expected to close on or about August 4, 2020. The Company expects to use the net proceeds of the offering for general corporate purposes, which may include financing growth, developing new services and funding capital expenditures, acquisitions, and investments.

The underwriter has an option to purchase up to an additional 514,500 shares of common stock (including up to 187,500 issued and outstanding shares from a selling shareholder) at the initial public offering price, less the underwriting discount, within 45 days from the date of the offering. The Company will not receive any proceeds from the sale of shares of common stock by the selling shareholder.

Roth Capital Partners is acting as sole manager of the offering.

About Fathom Holdings Inc.

Fathom Holdings Inc. is the parent company of Fathom Realty Holdings, LLC, which is a national, virtual, full-service real estate brokerage that leverages proprietary cloud-based software called IntelliAgent to operate a Platform as a Service model (PaaS) for the residential real estate industry. Fathom offers real estate professionals 100% commission, small flat-fee transaction costs, support and training, all powered by best in class operational efficiencies. For more information visit www.fathomrealty.com.

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