Football Network receives $30 million equity line from Cornell

By Sheri Kasprzak

Atlanta, Feb. 2 - The Football Network said it has scored a $30 million standby equity distribution agreement from Cornell Capital Partners LLC.

The company may draw upon the agreement over the course of two years.

The terms of the transaction, however, are contingent upon The Football Network completing its Securities and Exchange Commission registration and becoming a fully reporting company.

Based in Baton Rouge, La., The Football Network is a media company specializing in football-related content.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.