Monday, June 28, 2021

Oblong Gets $12.4M In PIPE

Los Angeles-based Oblong, which develops futuristic collaboration systems, said on Monday that it has raised $12.4M in a registered direct offering, from both pre-existing and new institutional investors. The publicly traded company--which trades on the Nasdaq as OBLG--said it sold 4,000,000 sahres of its common stock at a purchase price of $3.10 per shar

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