International Fight League (IFLI) Selling 19.4M Shares at $1.25/Sh

December 22, 2006 9:30 AM EST

Recent momentum mover, International Fight League, Inc. (OTCBB: IFLI) said it entered into definitive private placement agreements with certain institutional and accredited investors to sell 19,376,000 shares of common stock, at a price of $1.25 per share. NOTE: Stock closd at $10.73 yesterday.


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