 SPOKANE, Wash., March 15, 2021 GLOBE NEWSWIRE -- Kaspien Holdings Inc. Nasdaq: KSPN the Company, today announced that it intends to offer shares of its common stock for sale in an underwritten public offering. The Company intends to use the net proceeds from this offering for general corporate purposes, including working capital to implement its strategic plans focused on brand acquisition, investments in technology to enhance its scalable platform and its core retail business. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. 