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MeetMe announces plans to price public offering of common shares
JMP Securities helps fund working capital, general corporate purposes
By Devika Patel
Knoxville, Tenn., July 22 – MeetMe, Inc. will conduct a public offering of common stock with a 30-day greenshoe option, according to a preliminary prospectus supplement filed Tuesday with the Securities and Exchange Commission.
JMP Securities is the bookrunning manager, and Northland Capital Markets and Janney Montgomery Scott are the co-managers.
Proceeds will be used for working capital and other general corporate purposes.
The social network is based in New Hope, Pa.
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