Sow Good Inc. announced that it has entered into a Stock Purchase Agreement with multiple accredited investors to sell and issue to the purchasers in reliance on Section 4(2) of the Securities Act of 1933, as amended, and Rule 506 promulgated thereunder, an aggregate of 735,000 shares of the company?s common stock, par value $0.001 per share at a price of $5.00 per share for the aggregate gross proceeds of $3.675 million on August 25, 2023. The share price of $5.00 represents an 18% premium to Sow Good?s last equity raise in 2021. The company has received $3,675,000 from 16 investors pursuant to exemption provided under Regulation D.