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iSign Solutions plans to price public offering of common stock
Bookrunner Joseph Gunnar helps raise proceeds to prepay unsecured debt
By Devika Patel
Knoxville, Tenn., Dec. 17 – iSign Solutions Inc. will conduct a public offering of common shares with a 45-day over-allotment option, according to a Form S-1 filed Thursday with the Securities and Exchange Commission.
Joseph Gunnar & Co. is the bookrunner.
Proceeds will be used to expand sales and marketing efforts, to increase product offerings, to prepay all unsecured debt and for working capital and other general corporate purposes.
The Redwood Shores, Calif., company develops and sells biometric and electronic signature products.
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