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NEW YORK–(BUSINESS WIRE)–FUNCTION(X) INC. (NASDAQ:FNCX) (“Function(x)”, or the “Company”), a leading social publishing and interactive media platform, today announced that it has accepted subscriptions for the issuance of $10,000,000 in restricted Series G Preferred Equity, which will be initially convertible into shares of its common stock at a price of $1.05 per share (the “Placement”). The gross proceeds to Function(x) from this offering are expected to be approximately $10,000,000 before
May 08, 2017 at 07:35PM
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