Seeking Alpha

TranSwitch closes $2.5M private placement

  • TranSwitch (TXCCcloses a $2.5M private placement of common stock from its largest shareholder, Michael Steinhardt's Ilex Partners.
  • Ilex has the right to purchase another $9.8M shares at $0.225/share in the next 6 months. (8-K)
  • Previous: TranSwitch plummets after announcing voluntary Nasdaq delisting
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs