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Article: The Experiential Agency Closes a $1.25 Million Funding Round in a Private Placement.
- Article from:
- PR Newswire
- Article date:
- July 7, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Capital to be Used to Complete Strategic Acquisitions
The Experiential Agency, Inc., (XA) (Nasdaq OTC Bulletin Board: EXAG.OB), a major national event marketing firm that serves many Fortune 500 companies, reported that it has closed a $1.25 million dollar funding round and has secured a commitment for an additional $1.25 million through a private placement to institutional investors.
The funding will be used to complete strategic acquisitions and support the Company's current expansion plan. The details of the transaction will be available in the Company's 8K filing.
Chairman and CEO Frank Goldstin of XA said, "Following a period of industry ...