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Orbital Tracking plans secondary offering of 2.4 million common shares
Stockholders to sell $2.16 million of company’s shares through deal
By Devika Patel
Knoxville, Tenn., May 13 – Orbital Tracking Corp. will price a secondary sale of 2.4 million common shares with a greenshoe, according to a Form S-1 filed Wednesday with the Securities and Exchange Commission. The company has registered up to $2.16 million of stock.
The satellite telecommunications company is based in Walnut Creek, Calif.
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