Featured Post

Twenty Practical Steps to Better Corporate Governance | The Corporate Secretaries International Association (CSIA)

Twenty Practical Steps to Better Corporate Governance | The Corporate Secretaries International Association (CSIA) Please click the li...

Monday, May 8, 2017

Function(x) Inc. Announces $10,000,000 Private Placement

http://ift.tt/eA8V8J
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

http://ift.tt/2qJZ34b

from

http://ift.tt/2qJZ34b


No comments:

Post a Comment