Key Developments: Globalwise Investments Inc (GWIV.OB)
0.19USD
16 May 2013
$0.04 (+25.83%)
$0.15
$0.17
$0.19
$0.17
13,900
24,383
$1.82
$0.12
Latest Key Developments (Source: Significant Developments)
Globalwise Investments Inc Completes $3.0 Million Private Placement
Globalwise Investments Inc announced that on February 28, 2013 and March 6, 2013, the Company entered into a securities purchase agreement (the "Purchase Agreement") with certain accredited investors, pursuant to which it sold an aggregate of 15,000,000 shares of the Company's common stock, par value, $0.001 per share ("Common Stock") at a purchase price of $0.20 per share, for aggregate cash proceeds of $2,650,000 and the exchange of $350,000 in previously issued convertible promissory notes issued between January 28, 2013 and February 7, 2013 to certain investors associated with the Placement Agent (as defined below) (the "Offering"). GlobalWise intends to use the net proceeds of the Offering for working capital and general corporate purposes, including without limitation, debt reduction purposes. Full Article
Globalwise Investments Inc Issues FY 2012 Revenue Guidance
Globalwise Investments Inc announced that for fiscal 2012, it expects annual revenue to be in the range of $2.8 million to $3.3 million. Full Article
Globalwise Investments Inc Announces Board Changes-Form 8-K
Globalwise Investments Inc reported in its Form 8-K that effective February 27, 2012, the Board designated William J. Santiago as the Company’s Principal Executive Officer, and Matthew L. Chretien as the Company’s Principal Financial Officer and Principal Accounting Officer. Full Article
Globalwise Investments Inc Completes Acquisition Of Intellinetics
Globalwise Investments Inc announced the completion of its acquisition of Intellinetics, Inc.. Intellinetics, Inc., now a wholly owned subsidiary of GlobalWise Investments, is a edge technology company focused on Enterprise Content Management (ECM) solutions for the digital age. Full Article
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