Chicken Soup for the Soul Entertainment, Inc. (NasdaqGM:CSSE) announced that it has entered into definitive agreements with institutional and accredited investors for the private placement of 1,022,727 common shares at a price of $22 per common share for gross proceeds of $22,499,994 on January 15, 2021. The transaction is expect to close on or about January 20, 2020 and subject to the satisfaction of customary closing conditions. The securities will be sold pursuant to an exemption from registration afforded by Section 4(a)(2) of the Securities Act of 1933, as amended, and Rule 506 promulgated thereunder.