Q Comm International Announces Private Placement

Tuesday 12 April 2005 09:52 CET | News

Q Comm International, has completed a private placement of 400,000 newly issued shares of common stock at $5.00 per share to both new and existing shareholders, generating gross proceeds to Q Comm of $2 million.

In connection with this private placement, the company granted certain registration rights to the investors that commence six months following the closing.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce