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Dialogic (DLGC) Files ~58M Common Shelf for Shareholders

May 29, 2012 7:18 AM EDT
Dialogic (Nasdaq: DLGC) filed a registration with the U.S. Securities and Exchange Commission to sell, from time to time, up to 57,971,766 shares of its Common Stock on behalf of Selling Shareholders.

Dislogic will not receive proceeds from the secondary offering.

The total consists of 18,000,000 shares of common stock issuable upon the exercise of warrants and 39,971,766 shares of common stock issuable upon conversion of notes.


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