RLJ Entertainment Announces $31 Million Private Placement of Convertible … – Satellite PR News (press release)

RLJ Entertainment Announces $31 Million Private Placement of Convertible
Satellite PR News (press release)
The Warrants will have a term of five years and will be exercisable at $1.50 per share. The conversion of the Preferred Stock and the exercise of the Warrants is limited to 19.99% of the currently outstanding common stock unless and until the Company …

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