Published on 6/30/2006 in the Prospect News PIPE Daily.
New Issue: Nyfix prices $12.6 million private placement of stock
New York, June 30 - Nyfix, Inc. said it has agreed to sell $12.6 million of common stock in a private placement with clients of a "large Boston-based institutional investor."
The New York-based provider of trading workstations, trade automation and communication technologies will sell 2.713 million shares at $4.65 each, a 3% discount to the closing price on June 29.
Proceeds will be used for general corporate purposes.
Issuer: | Nyfix, Inc.
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Issue: | Common stock
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Amount: | $12.6 million
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Shares: | 2.713 million
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Price: | $4.65
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Warrants: | No
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Pricing date: | June 29, after close
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Settlement date: | July 5
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Stock symbol: | Pink Sheets: NYFX
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Stock price: | $4.80 at close June 29
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