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Technology Stocks : Gric Communications, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Rupert who wrote (4)12/18/1999 9:57:00 AM
From: Rupert  Read Replies (1) | Respond to 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.