New Issue: Ladenburg Thalmann Financial arranges $10 million private placement of stock

By Sheri Kasprzak

Atlanta, June 10 - Ladenburg Thalmann Financial Services Inc. said it plans to raise $10 million in a private placement.

The offering includes 22,222,222.22 shares at $0.45 each.

Based in New York, Ladenburg is a retail and institutional securities brokerage, investment banking and asset management company. The proceeds will be used for general corporate purposes.

Issuer:	Ladenburg Thalmann Financial Services Inc.
Issue:	Stock
Amount:	$10 million
Shares:	22,222,222.22
Price:	$0.45
Warrants:	No
Pricing date:	June 10
Stock price:	$0.65 at close June 10

© 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.