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Technology Stocks : IMPX - When Will the Dead Money Awaken?
IMPX 6.210+13.3%Oct 22 3:59 PM EST

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To: Zeev Hed who wrote (464)2/8/1999 4:43:00 PM
From: marcher  Read Replies (1) of 532
 
Zeev, what do you think about the financing?

>>The company sold just under 20% of the total number of outstanding shares of Common Stock to raise the sum of $2,371,500. A price of $4.50 per share was established by taking the weighted average high and low trade prices per share of the company's Common Stock for the 30 trading days up to and including Jan. 13, 1999. This was the date prior to which the company submitted the terms of the funding agreement to Nasdaq for review for compliance...<<
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