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Das hat der Aktie heute zu einem Plus von über 19% auf 1,43 US$ verholfen: PurchasePro Secures Commitment For $15 Million of Equity Financing LAS VEGAS, Dec. 21, 2001 (PRIMEZONE) -- PurchasePro (Nasdaq:PPRO) today announced that it has entered into a common stock purchase agreement with Fusion Capital Fund II, LLC, a Chicago-based institutional investor, under which PurchasePro has received a commitment for the purchase of up to $15 million of PurchasePro common stock from the company, at PurchasePro`s discretion. Under the terms of the agreement, funding may occur from time to time after the Securities and Exchange Commission has declared effective a registration statement covering the shares of common stock to be purchased in the program. Shares will be sold at no discount to market. PurchasePro said that it will file an 8-K within the next 15 days describing the transaction with the Securities and Exchange Commission. Richard L. Clemmer, chief executive officer of PurchasePro, said, "We believe this transaction will help assure current and prospective customers that PurchasePro is a long-term player in a high growth industry. Moreover, because of the minimal dilution to our shareholders and the long-term nature of Fusion Capital`s investment, we consider this to be the best possible solution to our financing requirements." Gruss Fraktal |
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| aus der Diskussion: | Purchasepro der Turnaroundkandidat |
| Autor (Datum des Eintrages): | Frakt@l (22.12.01 00:13:11) |
| Beitrag: | 10 von 17 (ID:5206998) |
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