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Article: Navarre Files $20 Million Shelf.
- Article from:
- Investrend
- Article date:
- August 25, 2009
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Aug 25, 2009 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2009/08/25/navarre-files-20-million-shelf/)
August 25, 2009 (FinancialWire) -- Navarre Corp. (NASDAQ: NAVR) (Current Market Cap: $64.54 Mil.) has filed a shelf registration statement with the U.S. Securities and Exchange Commission, seeking the registration of $20 million of Navarre common stock.
Company CEO Cary L. Deacon said, "Although we do not have any current plans to raise capital, we anticipate that this registration statement will be useful as we look towards accomplishing our strategic growth objectives."
Minneapolis-based Navarre is a ...