Steven Foster, CEO, commented “In the interest of achieving the best value for our stockholders, we made the decision to withdraw our recently announced public offering of common stock. We have a fiduciary responsibility to all our stakeholders and believe the value of our Company would not have been properly reflected in the proposed offering of our common stock.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on TNON: