Ribbon Communications (RBBN) Announces 17.05M Share Private Placement at $3.05/sh
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Ribbon Announces $52 Million Private Placement Financing Led by Neuberger Berman, JPMorgan Chase & Co., and Swarth Investments Ltd.
August 15, 2022 9:00 AM EDTPLANO, Texas, Aug. 15, 2022 /PRNewswire/ -- Ribbon Communications Inc. ("Ribbon") (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that it has executed a securities purchase agreement to raise gross proceeds of approximately $52 million in a private placement financing of common stock. The private placement investors... More
