SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Gric Communications, Inc.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rupert who wrote (4)12/18/1999 9:57:00 AM
From: Rupert  Read Replies (1) of 59
 
Nokia (NOK) invested $6 million in Gric in November (pre-IPO) at about $10 a share. From Form S-1/A filed 10/29/99:

"(In) November, 1999 we issued 600,240 shares of our Series E Preferred Stock, convertible into 600,240 shares of common stock, to Nokia Holdings, Inc. for an aggregate purchase price of $6.0 million."

freeedgar.com

I've not been able to find a press release about this investment on either company's website or in newsalert.com.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext