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NTN Buzztime Inc prices $6.1 mln public offering of common stock


Friday, 11 Apr 2014 08:30am EDT 

NTN Buzztime Inc:Prices underwritten public offering of 11,100,000 shares at a price of $0.55 per share.Gross proceeds of about $6.1 mln.Expects to receive net proceeds of about $5.5 mln.Offering is expected to close on April 16.Roth Capital Partners is acting as the sole book-running manager for the offering.Intends to use the net proceeds for general corporate purposes, which may include working capital, general and administrative expenses, capital expenditures and implementation of strategic priorities. 

Company Quote

0.4452
-0.0048 -1.07%
30 Jan 2015