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Prospect News home > News index > List of issuers E > Headlines for Electronic Cigarettes International Group, Ltd. > News item
Published on 7/16/2014 in the Prospect News PIPE Daily.

Electronic Cigarettes seeks $60 million investment agreement

Company plans to sell its equity capital to Man FinCo through offering

By Devika Patel

Knoxville, Tenn., July 16 – Electronic Cigarettes International Group, Ltd. said it arranged a $60 million investment agreement to sell equity capital to Man FinCo Ltd.

Man Capital has initially invested $20 million with an option to invest an additional $40 million.

The Spring Lake, Mich., company, formerly known as Victory Electronic Cigarettes Corp., markets and sells electronic cigarettes.


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