VoIP, Inc. Secures $2.5 Million Private Placement
Posted on December 27th, 2007 by VoIP News - Making VoIP Connections
VoIP, Inc. announced today that they have ”entered into definitive agreements for a private placement comprised of secured convertible notes (“Notes”) issued to a number of institutional investors, including existing shareholders. The Company agreed to issue Notes carrying a face value of $2,871,601, resulting in net proceeds to the Company of $2,497,044.” The company plans to use [...]
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