That means Redpoint has doubled their money in a matter of 7 months. MIX is currently trading at $8.79.
Thursday, June 30, 2005
More on Intermix / Myspace Form 10-K
"In December 2004, the Company issued one million shares of common stock and a five-year warrant to purchase an additional 150,000 shares of common stock at $4 per share to entities affiliated with Redpoint Ventures (collectively Redpoint) for a total purchase price of $4 million. The Company and Redpoint also entered into a registration rights agreement applicable to the common stock and shares to be issued upon exercise of the warrant. "
That means Redpoint has doubled their money in a matter of 7 months. MIX is currently trading at $8.79.
That means Redpoint has doubled their money in a matter of 7 months. MIX is currently trading at $8.79.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment