Global Axcess Raises $3.5 Million In Institutional Private Placement

Monday 9 February 2004 16:18 CET | News

Global Axcess has completed a private placement of its common stock with two institutional investors for atotal of $3.5 million.

Actual terms of the financing transaction have been detailed in a Form 8-K filed with the U.S. Securities and Exchange Commission. Proceeds from this financing will be used to complete the acquisition of 900 ATM/merchant contracts detailed in previous news announcements.

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Categories: Payments & Commerce | Payments General
Countries: World
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Payments & Commerce