 Kaleyra, Inc. NYSE American: KLR Kaleyra or the Company today announced that in connection with its previously announced public offering the Offering of its common stock, par value 0.0001 per share the Common Stock, the underwriters partially exercised and closed on their over-allotment option to purchase an additional 984,916 shares of Common Stock from the Company. The Company received approximately 4.2 million in additional net proceeds from the sale of these shares, after deducting the underwriting discount. The Company intends to use the net proceeds that it will receive from the sale of these additional shares for working capital and other general corporate purposes, including strategic growth. The Company may also use a portion of the net proceeds to opportunistically acquire, license and invest in complementary products, technologies or businesses, although, it currently has no agreements or commitments to complete any such transaction. 