General Magic placed some more shares through their standing agreement with Ladenburg Thalmann & Co., Inc. Taken from an SEC filing today:
On May 7, 2001, the Company entered into a common stock purchase agreement with Paul Revere Capital Partners, Ltd. ("Paul Revere") whereby Paul Revere agreed to purchase 1,301,723 shares of the Company's Common Stock for an aggregate purchase price of $1,301,723, less a 3% fee of $39,052 to the investment banking firm of Ladenburg Thalmann & Co., Inc., as a placement agent fee for arranging this transaction.
MARKET FOR OUR COMMON STOCK
On May 23, 2001, the last reported sales price of our common shares on the Nasdaq National Market was $1.28 per share.
As of April 26, 2001 we had 67,876,318 shares of common stock outstanding.
So, that brings the total of GMGC shares outstanding up to 69,178,041. |
