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Technology Stocks : WAVX: Wave Systems Corp.
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From: TREND112/27/2008 7:00:26 PM
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Wave to Complete $1,276,800 Series K Convertible Preferred Stock Financing
Friday December 26, 9:23 am ET

LEE, MA--(MARKET WIRE)--Dec 26, 2008 -- Wave Systems Corp. (NasdaqCM:WAVX - News), a leading developer of trusted computing solutions and services, announced that it is selling to investors a total of 456 shares of newly designated 8% Series K Convertible Preferred Stock at a price of $2,800 per share, yielding gross proceeds in the amount of $1,276,800.
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