By Sheri Kasprzak
New York, Oct. 26 - ROO Group, Inc. said it completed a private placement for $2.25 million.
The company issued 1.5 million shares at $1.50 each to a group of accredited investors.
Pali Capital, Inc. and Brimberg & Co. were the placement agents for the deal.
Based in New York, ROO creates streaming video and other content for the internet.
| Issuer: | ROO Group, Inc.
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| Issue: | Stock
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| Amount: | $2.25 million
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| Shares: | 1.5 million
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| Price: | $1.50
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| Warrants: | No
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| Placement agents: | Pali Capital, Inc. and Brimberg & Co.
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| Settlement date: | Oct. 20
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| Stock price: | $1.80 at close Oct. 20
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