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Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: ValuEngine, Inc.
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Tiger Media Inc announces completion of warrant exercise

Friday, 27 Dec 2013 08:12am EST 

Tiger Media Inc:Says the completion of its previously disclosed warrant price reduction.Says as of Dec. 26, an aggregate of about 3.3 million of the total of about 3.5 million outstanding warrants (about 93 percent) were exercised by its warrant holders, raising about $4.1 million in proceeds.Says all unexercised warrants have expired and the company has no further warrants outstanding.Says proceeds from the warrant exercise are expected to be used for general working capital requirements, enhance interactive media capabilities and to develop or acquire new business opportunities. 

Company Quote

0.07 +1.10%
6 May 2015