Top Image buys back $190,000 in series A convertible debentures

By Devika Patel

Knoxville, Tenn., Jan. 6 - Top Image Systems Ltd. said it repurchased about $190,000 of its outstanding series A convertible debentures.

The debentures were repurchased at an average price of $0.09 per unit.

The debentures were originally issued on Dec. 18, 2006.

Top Image is a Tel Aviv-based producer of content management software.

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