By Laura Lutz
Des Moines, May 4 - OCZ Technology Group, Inc. wrapped a private placement of shares for £8.275 million.
The company sold 6.62 million common shares at 125p each.
John East & Partners Ltd. acted as agent.
Proceeds will be used for working capital to support the company's international growth.
OCZ is a Sunnyvale, Calif.-based producer of computer memory and components.
| Issuer: | OCZ Technology Group, Inc.
|
| Issue: | Common shares
|
| Amount: | £8.275 million
|
| Shares: | 6.62 million
|
| Price: | 125p
|
| Warrants: | No
|
| Agent: | John East & Partners Ltd.
|
| Settlement date: | May 4
|
| Stock symbol: | London: OCZ
|
| Stock price: | 153p at close May 4
|
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