January 8, 2014 7:06 PM | 1 min read
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Intellicheck Mobilisa (NYSE MKT: IDN) today announced the pricing of an underwritten public offering of 7,780,000 shares of its common stock, offered at a price to the public of $0.45 per share. The gross proceeds to Intellicheck Mobilisa from this offering are expected to be approximately $3,500,000 before deducting the underwriting discount and other estimated offering expenses payable by Intellicheck Mobilisa. Intellicheck Mobilisa has granted the underwriters a 45-day option to purchase up to an aggregate of 1,167,000 additional shares of its common stock to cover over-allotments, if any. The offering is expected to close on or about January 14, 2014, subject to customary closing conditions.
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MEMORIAL DAY FLASH SALE: 50% OFF BENZINGA PRO
As we honor our freedom, take a stand today. Secure the financial freedom that both you and your family deserve. Get exclusive market moving news for just 50% off. Claim your 50% discount here.
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