Overland Storage (OVRL) Announces Common Offering

March 22, 2012 4:01 PM EDT
Overland Storage Inc. (Nasdaq: OVRL), is offering to sell, subject to market and other conditions, shares of its common stock in an underwritten public offering. Needham & Company, LLC is acting as the sole underwriter for the offering.

Overland intends to use the net proceeds from the offering for general corporate purposes, which may include, among others, working capital.


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