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Published on 12/22/2011 in the Prospect News PIPE Daily.

Mattersight sells $6 million of common stock through private placement

Stock sold to IGC at $4.79 per share, a 0.21% premium to closing price

By Devika Patel

Knoxville, Tenn., Dec. 22 - Mattersight Corp. settled a $6 million private placement of stock with IGC Fund VI, LP on Dec. 20, according to an 8-K filed Thursday with the Securities and Exchange Commission. The deal priced Dec. 19.

The company sold 1,252,609 common shares at $4.79 per share, which is a 0.21% premium to the closing price of the stock on Dec. 16, $4.78, and equal to the closing share price on Dec. 19.

Based in Chicago, Mattersight is enterprise analytics service provider and is focused on providing behavioral analytics as a managed service.

Issuer:Mattersight Corp.
Issue:Common stock
Amount:$6 million
Shares:1,252,609
Price:$4.79
Warrants:No
Investor:IGC Fund VI, LP
Pricing date:Dec. 19
Settlement date:Dec. 20
Stock symbol:Nasdaq: MATR
Stock price:$4.79 at close Dec. 19
Market capitalization:$77.21 million

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