By Sheri Kasprzak
New York, July 12 - ICSGlobal Ltd. said it has completed a private placement for A$1,735,000.
The company sold 5,783,334 shares at A$0.30 each to new and existing institutional investors.
Lodge Partners Pty. Ltd. was the placement agent.
The proceeds will be used to accelerate the development of the company's Transactional Health Exchange Linking Multiple Applications software in Australia and elsewhere.
Based in Sydney, Australia, ICSGlobal produces software for the health care industry.
| Issuer: | ICSGlobal Ltd.
|
| Issue: | Stock
|
| Amount: | A$1,735,000
|
| Shares: | 5,783,334
|
| Price: | A$0.30
|
| Warrants: | No
|
| Placement agent: | Lodge Partners Pty. Ltd.
|
| Settlement date: | July 12
|
| Stock price: | A$0.39 at close July 12
|
|
|
© 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.
