6D Global Technologies, Inc. (NasdaqCM:SIXD) is looking for acquisition opportunities. 6D Global entered into a stock purchase agreement with a single institutional investor pursuant to which 6D Global agreed to issue and sell 1,088 shares of 6D Global's newly designated Series A Redeemable Convertible Preferred Stock of 6D Global, par value $0.00001 per share convertible into shares of 6D Global's common stock, at a fixed conversion price of $5.25 per share, at a purchase price of $10,000 per share with an 8% original issue discount, for total gross proceeds of $10 million, or the sale of approximately $10.88 million. The net proceeds of the transactions are intended to be used to finance potential future acquisitions, allow for global expansion, increase sales and marketing efforts, and/or for general corporate purposes, including working capital to foster 6D Global's continued growth.
1st Jan change | Capi. | |
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+33.82% | 381B | |
+34.38% | 230B | |
+10.00% | 155B | |
+19.81% | 59.86B | |
+27.37% | 36.33B | |
+0.55% | 28.97B | |
+139.90% | 25.86B | |
+30.48% | 21.1B | |
+41.98% | 14.28B |