Finjan Holdings (FNJN) Enters $10.2M Series A Preferred Private Placement
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Finjan Secures $10.2 Million Series A Preferred Stock Financing
May 12, 2016 8:30 AM EDTEAST PALO ALTO, CA -- (Marketwired) -- 05/12/16 -- Finjan Holdings, Inc. (NASDAQ: FNJN), a cybersecurity company, today announced that it has secured a $10.2 million Series A Preferred Stock financing in a private placement transaction led by Halcyon Long Duration Recoveries Investments I LLC ("Halcyon LDRII"), an affiliate of both funds managed by Halcyon Long Duration Recoveries Management LP and its affiliates ("Halcyon") and Soryn IP Group, LLC ("Soryn").
Finjan will issue 102,000 shares of Series A Preferred Stock at a price of $100 per... More
