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Published on 12/30/2005 in the Prospect News PIPE Daily.

New Issue: Radiant Logistics closes $4.4 million sale of shares

By Sheri Kasprzak

New York, Dec. 27 - Radiant Logistics, Inc. said it has wrapped a $4.4 million private placement.

The company sold 10 million shares at $0.44 each.

Proceeds will be used for acquisitions and for general corporate purposes.

Based in Philadelphia, Radiant is a transportation and supply chain management company.

Issuer:Radiant Logistics, Inc.
Issue:Stock
Amount:$4.4 million
Shares:10 million
Price:$0.44
Warrants:No
Settlement date:Dec. 27

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