Playlogic Completes Stock Sale

| | Comments (0)
Publisher Playlogic confirmed that it has completed raising $12.3 million through a private equity placement.
Playlogic announced in April that it was seeking to complete a $10 million equity placement, and while the process has taken the company a long time, the new cash will help to restore Playlogic's balance sheet to a healthy state so that the company can release its current slate of titles and improve cash flow.

Leave a comment

About this Entry

This page contains a single entry by Editor published on November 2, 2007 1:49 PM.

LifeSigns: Surgical Unit Ships for the DS was the previous entry.

Twisted Metal 2 Available Through the PlayStation Store is the next entry.

Find recent content on the main index or look in the archives to find all content.


Add to Technorati Favorites