By Devika Patel
Knoxville, Tenn., Dec. 16 - interClick, Inc. arranged a $12.94 million registered direct offering of stock, according to a prospectus supplement filed Wednesday with the Securities and Exchange Commission. RBC Capital Markets Corp. is the agent.
The company will sell 2,875,000 common shares at $4.50 apiece in its primary offering. Certain executives will sell an additional 1.15 million shares as well.
Settlement is expected Dec. 21.
Proceeds will be used for general corporate purposes and working capital requirements.
New York's interClick provides internet advertising solutions for internet publishers and advertisers.
| Issuer: | interClick, Inc.
|
| Issue: | Common stock
|
| Amount: | $12,937,500
|
| Shares: | 2,875,000
|
| Price: | $4.50
|
| Warrants: | No
|
| Agent: | RBC Capital Markets Corp.
|
| Pricing date: | Dec. 16
|
| Settlement date: | Dec. 21
|
| Stock symbol: | OTCBB: ICLK
|
| Stock price: | $4.91 at close Dec. 15
|
| Market capitalization: | $102 million
|
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