Overland Storage Public Offer Of 3.2M Shares Prices At 13% Discount
4 hours 23 minutes ago - Dow Jones News
DOW JONES NEWSWIRES
Overland Storage Inc.'s (OVRL) public offering of 3.2 million shares priced at a 13% discount to Thursday's close.
Shares closed Thursday at $2.30, compared with the offering's price of $2 each. The stock is down 8% so far this year.
The provider of data-management and data-protection software said late Thursday it planned to use the proceeds for general corporate purposes, including working capital.
4 hours 23 minutes ago - Dow Jones News
DOW JONES NEWSWIRES
Overland Storage Inc.'s (OVRL) public offering of 3.2 million shares priced at a 13% discount to Thursday's close.
Shares closed Thursday at $2.30, compared with the offering's price of $2 each. The stock is down 8% so far this year.
The provider of data-management and data-protection software said late Thursday it planned to use the proceeds for general corporate purposes, including working capital.
