E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers N > Headlines for NeoMedia Technologies Inc. > News item
Published on 10/16/2013 in the Prospect News Liability Management Daily and Prospect News PIPE Daily.

NeoMedia gets option to redeem convertibles held by YA Global at 75

By Devika Patel

Knoxville, Tenn., Oct. 16 - NeoMedia Technologies, Inc. entered into an agreement on Oct. 11 that gives it the option to redeem six secured convertible debentures, according to an 8-K filed Wednesday with the Securities and Exchange Commission. The debentures are held by YA Global Investments, LP.

If the debentures are redeemed, the purchase price will be 75.

The agreement may be terminated by either party upon 90 days' written notice.

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


© 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.