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Niku files $100 million shelf
By Ted A. Knutson
Washington, Nov. 22 - Niku Corp. filed a $100 million shelf which contains the potential for convertibles in an S-3 registration with the Securities and Exchange Commission late Friday.
Included within the shelf are common stock, preferred stock, warrants, senior debt securities and subordinated debt securities.
The company said it plans to use proceeds from offerings authorized by the shelf for general corporate purposes.
Redwood City, Calif.-based Niku is the maker of Clarity and other business software.
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