 JERICHO, NY, Oct. 14, 2021 GLOBE NEWSWIRE -- via NewMediaWire -- Paltalk, Inc. Nasdaq: PALT Paltalk, the Company, we, our or us, a leading communications software innovator that powers multimedia social applications, today announced the pricing of its previously announced underwritten public offering of 1,350,000 shares of its common stock. Each share of common stock was sold at a public offering price of 7.50, for gross proceeds of approximately 10.125 million, before deducting underwriting discounts and offering expenses. In addition, Paltalk has granted the underwriters a 45-day option to purchase up to an additional 202,500 shares of common stock to cover over-allotments at the public offering price, less the underwriting discount. All of the shares of common stock were offered by the Company. The offering is expected to close on October 19, 2021, subject to customary closing conditions. 