Intellectual property firm Vringo Inc. (NYSEMKT: VRNG) has announced a secondary stock offering of 10.34 million shares in direct offering at a price of $4.35 a share. The company expects gross proceeds of $45 million. Vringo did …
In addition, Vringo will issue the Lenders 250,000 shares of its common stock, and the Lenders’ outstanding warrants to purchase 250,000 shares of Vringo’s common stock at $2.75 per share will be cancelled. As a result of the …
Hedge fund Iroquois Capital LP has the second-biggest stake in Vringo at 6.4%. Shares jumped 16% to $3.53 after hours. Through the close, stock had more than tripled since the start of the year. Neither Vringo nor Cuban was immediately …
The per unit price in the IPO is before underwriting discounts and commissions. Each unit consists of one share of Vringo common stock and two five-year warrants, each warrant to purchase one share of common stock at an exercise price …
Once again, in afternoon trading, the stock plunged below $3.50 before quickly heading back into positive territory. At last check, the shares were up around two percent to $4.04. Vringo opened the session at $4.18. It is unclear what has …
Many investors appear to be quite bearish on Vringo, Inc. (VRNG), especially if you look at the percentage of the float that is sold short for this stock. Currently, 26.17% of the float is sold short, suggesting an extreme level of bearishness for …
Iroquois Capital Management’s third quarter position is unclear. The firm initially reported its VRNG position on July 5th, when it took 922 thousand shares in the stock. So it seems that Iroquois wants to sell the stock piece by piece. Now …
Jon Medved, Chief Executive Officer, commented, "2010 was a successful transition year for Vringo. We became a publicly traded company ... based on 3,154,489 and 366,782 weighted average shares of common stock, respectively. …
An SEC filing has revealed that video ringtone sharing community Vringo has filed to raise an estimated $64.3 million $13.8 million via an initial public offering of stock and warrants. The company plans to trade on NASDAQ, with Maxim …