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Technology Stocks : Cavion Technologies (NASDAQ:CAVN) -- Ignore unavailable to you. Want to Upgrade?


To: cliff emohs who wrote (9)2/22/2000 7:24:00 PM
From: cliff emohs  Read Replies (1) | Respond to of 17
 
More interesting, news. I wonder how long the shares are restricted, 1, 2 or more years?

The market seems to think it was good. I like that. :-)

cavion.com Announces Completion of Private Placement

ENGLEWOOD, Colo., Feb. 22 /PRNewswire/ -- cavion.com (Nasdaq: CAVN - news), a leading credit union business-to-business communications and Internet services company, today announced that it has completed a $2.4 million private placement of shares of its common stock. The company sold 205,000 shares of restricted stock for $12 per share, the closing price for the stock on the Nasdaq Stock Market on the date of the offering, February 14, 2000, to a small group of private investors. The company has agreed to register the shares purchased in the private placement with the Securities and Exchange Commission

biz.yahoo.com