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| Home : CopyTele Announces $10 Million At-the-Market Common Stock Purchase Agreement With Aspire Capital, LLC |
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Apr 25
2013 |
CopyTele Announces $10 Million At-the-Market Common Stock Purchase Agreement With Aspire Capital, LLC |
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MELVILLE, NY--(Marketwired - April 24, 2013) - CopyTele, Inc. ("CTI") (OTCBB: COPY), a company specializing in patent monetization, today announced that it has entered into a common stock purchase agreement with the Aspire Capital Fund, LLC, whereby Aspire Capital has committed over the next two years to purchase up to $10 million of CTI's common stock based upon prevailing market prices over a period preceding each sale. In addition, Aspire Capital has made an initial purchase of $500,000 of CTI common stock at a price of $0.20 per share. |
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| Source:http://www.marketwire.com/mw/release.do?id=1782577&sourceType=3 |
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