|
|
Article: Utix Group Completes $3 Million Financing.
- Article from:
- Business Wire
- Article date:
- November 16, 2006
CopyrightCOPYRIGHT 2006 Business Wire. 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)
|
BURLINGTON, Mass. -- Utix Group, Inc. (OTCBB:UTIX), is pleased to announce that it has completed a financing of $3 million in Series B Preferred Stock Offering with conversion rights priced at $1.30 per share lead by existing shareholders and strategic investment funds. The placement included a grant of 15% warrant coverage priced at $2.60 per share with call provisions held by the Company. Details for the placement are included in the Company's 8k Filing dated November 16, 2006.
Utix CEO Tony Roth states, "We are extremely pleased with the support we have received from our investors. They know the importance of recognizing innovative marketing and sales ...
Related newspaper, magazine, and journal articles:
|
|
Article: Utix Group Completes $5.465 Million Private ...
PR Newswire;
January 26, 2006 ;
700+ words
...In Addition, Company Strengthens Balance ... PRNewswire-FirstCall/ -- Utix Group, Inc. (BULLETIN BOARD ... today announced that the Company has completed a $5 ... to Tony Roth, CEO of Utix Group, "These transactions ... Utix and empower our Company with the necessary financial ...
|
|