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BRIEF-Pareteum Announces Registered Direct Offering And Concurrent Private Placement For Gross Proceeds Of $6.58M
December 1, 2017 / 3:20 PM / 15 days ago

BRIEF-Pareteum Announces Registered Direct Offering And Concurrent Private Placement For Gross Proceeds Of $6.58M

Dec 1 (Reuters) - Pareteum Corp:

* PARETEUM ANNOUNCES REGISTERED DIRECT OFFERING AND CONCURRENT PRIVATE PLACEMENT FOR GROSS PROCEEDS OF $6.58M

* SAYS AGREED TO SELL IN PRIVATE PLACEMENT, WARRANTS TO PURCHASE AGGREGATE OF 7.2 MILLION SHARES OF STOCK AT EXERCISE PRICE OF $1.09/SHARE WITH 5YR TERM

* SAYS AGREED TO SELL AGGREGATE OF 7.1 MILLION SHARES AT PURCHASE PRICE OF $0.92 PER SHARE Source text for Eikon: Further company coverage:

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