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Viggle Inc announces pricing of public offering of common stock and uplisting to NASDAQ


Friday, 25 Apr 2014 08:45am EDT 

Viggle Inc:Prices underwritten public offering of 4,375,000 shares of its common stock at a price to the public of $8.00 per share.Raising a gross proceeds of $35 mln.Net proceeds to be about $32.1 mln.Shares are expected to begin trading on the NASDAQ Capital Market under the ticker symbol VGGL on April 25.Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. is acting a sole book-running manager.Roth Capital Partners is acting as joint book-runner in connection with the offering.Intends to use the net proceeds from the offering to repay existing debt and for marketing and sales, working capital and general corporate purposes. 

Company Quote

1.41
0.03 +2.17%
27 Mar 2015