 SAN ANTONIO, Feb. 23, 2021 GLOBE NEWSWIRE -- CloudCommerce, Inc. CLWD, a leading provider of digital advertising solutions, today announced that it has closed its previously announced registered direct offering, for the sale, under a securities purchase agreement with an institutional investor, of 142,857,143 shares of its common stock or common stock equivalents in lieu thereof and warrants to purchase 142,857,143 shares of common stock. The purchase price for one share of common stock or common stock equivalent and one warrant to purchase one share of common stock was 0.07. The warrants have an exercise price of 0.07 per share, are immediately exercisable and will expire five years from the issue date. 