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Prospect News home > News index > List of issuers N > Headlines for NeoMedia Technologies Inc. > News item
Published on 5/29/2012 in the Prospect News PIPE Daily.

NeoMedia amends convertible debentures held by YA Global Investments

Maturity extended to Aug. 1, 2013; interest to accrue at 9.5% per year

By Devika Patel

Knoxville, Tenn., May 29 - NeoMedia Technologies, Inc. amended the terms of its convertible debentures on May 25, according to an 8-K filed Tuesday with the Securities and Exchange Commission.

The convertibles, which are held by YA Global Investments, LP, will now be due Aug. 1, 2013 and will have a coupon of 9.5%, which will be paid at maturity in cash.

NeoMedia is a technology company based in Fort Myers, Fla.


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