 LITTLE ROCK, Ark., Jan. 14, 2021 GLOBE NEWSWIRE -- Inuvo, Inc. NYSE American: INUV, a leading provider of marketing technology, powered by artificial intelligence that serves brands and agencies, today announced it has entered into a securities purchase agreement with institutional investors for the purchase and sale of 13,333,334 shares of its common stock, par value 0.001 per share, at a price of 0.60 per share, pursuant to a registered direct offering. The gross proceeds of the offering are expected to be 8.0 million before deducting fees and other estimated offering expenses. The closing of the registered direct offering is expected to take place on or about January 19, 2021, subject to the satisfaction of customary closing conditions. 