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Technology Stocks : Wave Systems (Bulls Board)

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From: speeder101	9/30/2008 8:55:23 AM
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yahoo finance / wave Wave to Complete $211,200 Series I Convertible Preferred Stock Financing Tuesday September 30, 8:30 am ET LEE, Mass.--(BUSINESS WIRE)--Wave Systems Corp. (NASDAQ: WAVX - News), a leading developer of trusted computing solutions and services, announced that it is selling to investors 48 shares of 8% Series I Convertible Preferred Stock at a price of $4,400 per share, yielding gross proceeds in the amount of $211,200. The net proceeds of the financing will be used to fund Wave’s ongoing operations. biz.yahoo.com

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