Business Services Industry
Advanced Promotion Technologies corrects dollar figures of securities in $13 million in private placement
Business Wire, Dec 22, 1994
POMPANO BEACH, Fla.--(BUSINESS WIRE)--Dec. 22, 1994--Advanced Promotion Technologies Inc. (NASDAQ:APTV) announced that as of this date the company has closed on a total of $13 million in private financing.
The securities consist of $7 million in private placement of common stock, which closed in December of 1994, and $6 million in private placement units including subordinated convertible debentures and warrants, which previously closed.
The securities in this private placement have not been registered under the Securities Act of 1933, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.
CONTACT: Advanced Promotion Technologies Inc., Pompano Beach
Cathy Amann, 305/969-3000
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