By Sheri Kasprzak
Atlanta, Jan. 25 - Attunity Ltd. said it has received agreements for a $2 million private placement.
The company will sell 727,272 shares at $2.75 each.
The investors will also receive warrants for 290,909 shares at $2.75 each for three years.
Based in Wakefield, Mass., Attunity is a data-integration software company. It plans to use the proceeds from the offering for working capital and general corporate purposes.
| Issuer: | Attunity Ltd.
|
| Issue: | Stock
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| Amount: | $2 million
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| Shares: | 727,272
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| Price: | $2.75
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| Warrants: | For 290,909 shares
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| Warrant expiration: | Three years
|
| Warrant strike price: | $2.75
|
| Announcement date: | Jan. 25
|
| Stock price: | $2.70 at close Jan. 25
|
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