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Vringo Announces $45 Million Registered Direct Offering of Common Stock

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Vringo Announces $45 Million Registered Direct Offering of Common Stock Powered By Docstoc
					
				
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posted:10/5/2012
language:Japanese
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Description: NEW YORK--(BUSINESS WIRE)--Vringo, Inc. (NYSE MKT: VRNG) today announced that it has entered into subscription agreements for the sale of 10,344,998 shares of its common stock in a registered direct offering at a price of $4.35 per share, for gross proceeds of approximately $45 million. The shares were offered directly to five existing institutional investors without a placement agent or underwriter. "We are entering court mandated settlement discussions with Google on Tuesday, and trial is sche a style='font-size:
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