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Strategies & Market Trends : smallcap risk reward potential

APPS 6.245

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Oct 31 9:30 AM EST

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From: ACAN	5/9/2018 3:18:45 PM
	of 2007

TEUM a gift for those watching. NEW YORK, May 9, 2018 /PRNewswire/ -- Pareteum Corporation (NYSE American: TEUM), ("Pareteum" or the "Company"), today announced that it agreed to sell an aggregate of 2,440,000 shares of the Company's common stock, $0.00001 par value per share (the "Common Stock"). The purchase price per share was $2.50. The shares were offered and are being sold to certain accredited investors in a registered direct offering. The Company expects to receive gross proceeds from the offering of approximately $6.1 million, before deducting placement agent fees, and other related expenses.

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