Published on 9/21/2012 in the Prospect News PIPE Daily.
O2 Secure Wireless negotiates $50 million equity financing facility
Three-year agreement reached with investor AGS Capital Group
By Devika Patel
Knoxville, Tenn., Sept. 21 - O2 Secure Wireless Inc. said it has secured a $50 million three-year reserve equity financing facility with AGS Capital Group, LLC.
The Norcross, Ga.-based company designs and maintains high-speed wireless broadband connection networks.
Issuer: | O2 Secure Wireless Inc.
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Issue: | Reserve equity financing agreement
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Amount: | $50 million
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Tenor: | Three years
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Warrants: | No
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Investor: | AGS Capital Group, LLC
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Agreement date: | Sept. 21
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Stock symbol: | OTCBB: OTOW
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Stock price: | $0.0004 at close Sept. 20
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Market capitalization: | $1.13 million
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