Kenexa (KNXA) Announces 3M Common Offering
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Kenexa (Nasdaq: KNXA) announces a 3 million common stock offering.
In addition, the Company intends to grant to the underwriters the right to purchase up to 450,000 additional shares, solely to cover over-allotments, if any. Kenexa intends to use the proceeds from the shares it is selling for working capital, general corporate purposes and potential acquisitions or investments in strategic businesses or technologies.
In addition, the Company intends to grant to the underwriters the right to purchase up to 450,000 additional shares, solely to cover over-allotments, if any. Kenexa intends to use the proceeds from the shares it is selling for working capital, general corporate purposes and potential acquisitions or investments in strategic businesses or technologies.
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