Published on 9/18/2007 in the Prospect News PIPE Daily.
New Issue: Fluid Media Networks sells $10 million of stock
By Laura Lutz
Des Moines, Sept. 18 - Fluid Media Networks, Inc. closed a $10 million private placement of stock, according to an 8-K filing with the Securities and Exchange Commission.
The company sold 25,000,000 common shares at $0.40 each.
Based in Culver City, Calif., Fluid Media produces technologies for the music industry.
Issuer: | Fluid Media Networks, Inc.
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Issue: | Common stock
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Amount: | $10 million
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Shares: | 25,000,000
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Price: | $0.40
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Warrants: | No
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Settlement date: | Sept. 12
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