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Mandalay Digital Group Inc closes $20 mln underwritten offering


Friday, 7 Mar 2014 12:09pm EST 

Mandalay Digital Group Inc:Closes underwritten public offering of common stock.Receives net proceeds of about $18.6 mln after deducting underwriting discounts and commissions and offering expenses.A total of 4,881,750 shares of common stock were issued, including 636,750 shares issued in connection with the underwriters' full exercise of their over-allotment option.All shares were issued at the closing at a public offering price of $4.10 per share.Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. acted as the sole book-running manager in connection with the offering.Craig-Hallum Capital Group acted as co-manager for the offering. 

Company Quote

5.39
0.1 +1.89%
22 Aug 2014