<SEC-DOCUMENT>0001654954-23-004966.txt : 20230419
<SEC-HEADER>0001654954-23-004966.hdr.sgml : 20230419
<ACCEPTANCE-DATETIME>20230419171856
ACCESSION NUMBER:		0001654954-23-004966
CONFORMED SUBMISSION TYPE:	424B5
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20230419
DATE AS OF CHANGE:		20230419

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Inuvo, Inc.
		CENTRAL INDEX KEY:			0000829323
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-ADVERTISING [7310]
		IRS NUMBER:				870450450
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B5
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-253018
		FILM NUMBER:		23830793

	BUSINESS ADDRESS:	
		STREET 1:		500 PRESIDENT CLINTON AVE., STE. 300
		CITY:			LITTLE ROCK
		STATE:			AR
		ZIP:			72201
		BUSINESS PHONE:		501-205-8508

	MAIL ADDRESS:	
		STREET 1:		500 PRESIDENT CLINTON AVE., STE. 300
		CITY:			LITTLE ROCK
		STATE:			AR
		ZIP:			72201

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INUVO, INC.
		DATE OF NAME CHANGE:	20090810

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	KOWABUNGA! INC.
		DATE OF NAME CHANGE:	20081106

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	THINK PARTNERSHIP INC
		DATE OF NAME CHANGE:	20060315
</SEC-HEADER>
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<TYPE>424B5
<SEQUENCE>1
<FILENAME>inuvo_424b5.htm
<DESCRIPTION>424B5
<TEXT>
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<head>
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<title>inuvo_424b5</title>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</div>
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<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Filed Pursuant to Rule 424(b)(5)</font></div>
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Registration&#xA0;No.&#xA0;333-253018</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
PROSPECTUS SUPPLEMENT</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
(To the Prospectus dated March 15, 2021)</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-weight: bold; font-family: Times New Roman; font-size: 16px">
$14,611,900</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><img src="inuvo_424b5000.jpg"></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
Inuvo, Inc.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 16px">
Common Stock</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 16px">
&#xA0;</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px; width: 100%; border-bottom: solid 1px #000000">
<!--Rule Below Paragraph--></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
This prospectus supplement amends and supplements the information
in our prospectus dated March 15, 2021, as supplemented, which form
a part of our Registration Statement on Form S-3
(File&#xA0;No.&#xA0;333-253018).&#xA0;This prospectus supplement
should be read in conjunction with the prospectus and is qualified
in its entirety by reference thereto, except to the extent that the
information herein amends or supersedes the information contained
in the prospectus. This prospectus supplement is not complete
without, and may only be delivered or utilized in connection with,
the prospectus and any future amendments or supplements
thereto.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">
We filed the prospectus to register the offer and sale of shares of
our common stock from time to time pursuant to the terms of a sales
agreement, dated May 28, 2021, that we entered into with
A.G.P./Alliance Global Partners, or A.G.P., as our sales agent
thereunder. As of the date of this prospectus supplement, we have
not sold any</font> <font style="color: #000000">shares of our
common stock through A.G.P. under the sales agreement. Without
giving effect to any offering limit imposed by General Instruction
I.B.6 of Form&#xA0;S-3,&#xA0;we may offer and sell shares of our
common stock having an aggregate offering price of up to
$35,000,000 from time to time through A.G.P. acting as our sales
agent in accordance with the terms of
the&#xA0;at-the-market&#xA0;equity offering sales
agreement.</font></font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
On March&#xA0;10, 2023, the date on which we filed our Annual
Report on Form&#xA0;10-K&#xA0;for the fiscal year ended
December&#xA0;31, 2022, the prospectus became subject to the
offering limits set forth in General Instruction I.B.6 of
Form&#xA0;S-3.&#xA0;As of February 21, 2023, the aggregate market
value of our outstanding common stock held
by&#xA0;non-affiliates,&#xA0;or public float, was approximately
$43,840,084, based on 110,595,570 shares of our outstanding common
stock that were held by&#xA0;non-affiliates&#xA0;and a price of
$0.3964 per share, which was the price at which our common stock
was last sold on NYSE American on February 21, 2023 (a date within
60 days of the date hereof), calculated in accordance with General
Instruction I.B.6 of Form&#xA0;S-3.&#xA0;We have not offered any
securities pursuant to General Instruction I.B.6 of
Form&#xA0;S-3&#xA0;in the 12 calendar months preceding the date of
this prospectus supplement.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
We are filing this prospectus supplement to amend and supplement
the information in our prospectus based on the amount of securities
that we are eligible to sell under General Instruction I.B.6 of
Form&#xA0;S-3.&#xA0;After giving effect to the $14,611,900 offering
limit imposed by General Instruction I.B.6 of
Form&#xA0;S-3,&#xA0;we may offer and sell additional shares of our
common stock having an aggregate offering price of up to
$14,611,900 from time to time through A.G.P. acting as our sales
agent in accordance with the terms of
the&#xA0;at-the-market&#xA0;equity offering sales
agreement.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Our common stock is listed on NYSE American under the symbol
&#x201C;INUV.&#x201D; On April&#xA0;18, 2023, the last reported sale
price of our common stock on NYSE American was $0.33 per
share.</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 16px">
&#xA0;</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px; width: 100%; border-bottom: solid 1px #000000">
<!--Rule Below Paragraph--></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
Investing in our securities involves risks. You should read this
prospectus supplement and the documents we incorporate herein by
reference carefully before you make your investment decision. See
&#x201C;Risk Factors&#x201D; set forth in the documents we file with
the Securities and Exchange Commission that are incorporated by
reference herein for more information.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
Neither the Securities and Exchange Commission nor any state
securities commission has approved or disapproved of these
securities or passed upon the accuracy or adequacy of this
prospectus supplement. Any representation to the contrary is a
criminal offense.</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-style: italic; color: #000000; font-family: Times New Roman; font-size: 13px">
&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 24px">
A.G.P.</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-weight: bold; font-family: Times New Roman; font-size: 13px">
The date of this prospectus supplement is April 19,
2023</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
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