January 11, 2018 / 1:57 PM / a year ago

BRIEF-Cogint Entered Deal With Certain Institutional Buyers For Purchase,Sale Of 2.7 Mln Shares In Registered Direct Offering For $13.5 Mln, On Jan 10

Jan 11 (Reuters) - Cogint Inc:

* COGINT - ON JAN 10, CO ENTERED DEAL WITH CERTAIN INSTITUTIONAL BUYERS FOR PURCHASE,SALE OF 2.7 MILLION SHARES IN REGISTERED DIRECT OFFERING FOR $13.5 MILLION

* COGINT INC SAYS PURCHASE PRICE TO BE PAID BY BUYERS IS $5.00 PER SHARE - SEC FILING

* COGINT- CONDUCTED PRIVATE PLACEMENT OFFERING WITH SAME PURCHASERS TO ISSUE , FOR NO ADDITIONAL CONSIDERATION, WARRANTS TO BUY 1.4 MILLION SHARES

* COGINT- WARRANTS HAVE AN EXERCISE PRICE OF $6.00 PER SHARE Source text (bit.ly/2APFKYs) Further company coverage:

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