uVuMobile settles $2 million private placement of convertibles

By Laura Lutz

Des Moines, Dec. 18 - uVuMobile, Inc. completed a $2 million private placement of convertible debentures, according to a news release.

Detailed terms of the convertibles were not announced.

Proceeds will be used for working capital and general corporate purposes.

Atlanta-based uVuMobile is an Atlanta-based online media hosting and software company.

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