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Giftify (NASDAQ: GIFT) reported strong performance for its CardCash platform during Black Friday through Cyber Monday, achieving a 57% year-over-year growth in gift card sales. The company recorded $3.1 million in face value of gift cards sold across 8,825 orders, with an average order size of $347.

CardCash has sold over 1 million gift cards year-to-date, totaling nearly $125 million in face value. Mobile activity represented 62% of all gift card transactions. The top-selling brands were Home Depot, Walmart, Kohl's, and Best Buy. The company aims to accelerate growth in 2025 through increasing retailers, registered users, active users, and platform transactions.

Giftify (NASDAQ: GIFT) announced on December 23, 2024, the cancellation of its previously announced registered direct offering with Craft Capital Management, The company, which owns and operates CardCash.com and Restaurant.com, digital platforms focused on incentives and rewards in retail, dining, and entertainment experiences, cited market conditions as the reason for cancelling the offering.

Giftify (NASDAQ: GIFT), owner of CardCash.com and Restaurant.com, announced plans for a registered direct offering of securities. The company, which focuses on incentives and rewards in retail, dining, and entertainment experiences, intends to use the net proceeds for working capital. Craft Capital Management is serving as the exclusive placement agent. The offering is being made through a previously filed and effective S-3 shelf registration statement. The final terms, size, and completion of the offering remain subject to market conditions.

Giftify (NASDAQ: GIFT), owner of CardCash.com and Restaurant.com, has announced a $5.0 million registered direct offering of common stock to individual investors. The offering is expected to close around December 26, 2024, with Craft Capital serving as the exclusive placement agent. The gross proceeds, estimated at $5.0 million before deducting placement agent fees and offering expenses, will be raised through a shelf registration statement previously declared effective by the SEC on October 15, 2024.

Giftify (NASDAQ: GIFT), owner of CardCash.com and Restaurant.com, announced that CardCash was featured on ABC's Good Morning America on December 19, 2024. The segment focused on holiday season gift card deals and scams. CEO Ketan Thakker highlighted the company's proprietary FraudFix technology, an AI-powered fraud prevention tool that analyzes over 165 parameters per transaction, achieving a 99.5% reliability rate in verifying gift card authenticity.

Giftify (NASDAQ: GIFT) has announced a strategic partnership between its platform CardCash.com and Susan G. Komen, the leading breast cancer organization. The collaboration introduces the Komen Exchange Platform (komen.cardcash.com), enabling supporters to convert unused gift cards from major retailers into charitable donations for breast cancer research and support services.

The platform offers a straightforward process where users can input their gift card information, receive an instant donation value calculation, and convert cards into contributions. These donations support various initiatives including research, patient advocacy, direct support services, community health outreach, and educational resources. The partnership aims to address the challenge of over 281,000 new cases of invasive breast cancer expected in the U.S. this year.

Giftify (NASDAQ: GIFT), owner of CardCash.com and Restaurant.com, has announced its participation in The Benchmark Company's 13th Annual Discovery One-on-One Investor Conference. The event will take place on December 11th, 2024, at the New York Athletic Club in New York City.

The conference provides a unique platform for emerging growth companies to connect with institutional and individual investors through one-on-one meetings. Giftify, which specializes in incentives and rewards in retail, dining, and entertainment experiences, will be conducting individual meetings with investors and analysts throughout the conference day.

Giftify (NASDAQ: GIFT), owner of CardCash.com and Restaurant.com, has announced its participation in the Noble Capital Markets' 20th Annual Emerging Growth Equity Conference. The event will take place on December 3-4, 2024, at Florida Atlantic University in Boca Raton, FL.

The company's management team is scheduled to present on Wednesday, December 4, 2024, at 2:00 p.m. ET in Presentation Room 2. Additionally, management will be available for one-on-one meetings with investors during the conference. Interested parties can schedule meetings through their NobleCon representative or by contacting ClearThink IR.

Giftify (NASDAQ: GIFT) reported Q3 2024 financial results with revenue growth of 14.9% to $23.2 million and gross profit increase of 16.0% to $3.0 million. The company posted a net loss of $4.1 million, including $3.4 million in non-cash and one-time expenses. The gross margin improved to 12.9%. The company forecasts at least $85 million in revenue for 2024, reflecting its strong position in the secondary gift card market. Notable events include uplisting to Nasdaq Capital Market and corporate rebranding to Giftify. The company maintains a cash balance of $3.1 million and total assets of $37.5 million.