Published on 1/24/2008 in the Prospect News PIPE Daily.
New Issue: Access Worldwide settles $3 million stock placement
By Laura Lutz
Des Moines, Jan. 24 - Access Worldwide Communications, Inc. closed a $3 million private placement of common stock, according to an 8-K filing with the Securities and Exchange Commission.
One investor bought 5,778,120 common shares at about $0.52 apiece.
Based in Arlington, Va., Access is a business process outsourcing and marketing company.
Issuer: | Access Worldwide Communications, Inc.
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Issue: | Common stock
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Amount: | $3 million
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Shares: | 5,778,120
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Price: | $0.52
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Warrants: | No
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Settlement date: | Jan. 17
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Stock symbol: | OTCBB: AWWC
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Stock price: | $0.38 at close Jan. 17
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