Majesco to Sell 6.42 Million More Shares of Stock

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MajescoMajesco confirmed that it has entered into a definitive agreement to sell 6.42 million shares of Majesco stock at $1.50 per share. That will raise $9.63 million for Majesco, although a significant chunk of that will surely be lost to offering expenses (legal and otherwise) and placement agent fees.

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This page contains a single entry by Editor published on September 17, 2009 8:57 AM.

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