Mon, January 24, 2011
Fri, January 21, 2011
Thu, January 20, 2011
Wed, January 19, 2011
Tue, January 18, 2011
Mon, January 17, 2011
[ Mon, Jan 17th 2011 ] - Market Wire
COM DEV Wins Military Contract
Fri, January 14, 2011
[ Fri, Jan 14th 2011 ] - Market Wire
00 p.m. PST (5:00 p.m. EST)
Thu, January 13, 2011
[ Thu, Jan 13th 2011 ] - Market Wire
Mortgage Rates Mostly Lower
Wed, January 12, 2011
[ Wed, Jan 12th 2011 ] - Market Wire
CAPSA
Tue, January 11, 2011
Mon, January 10, 2011
Fri, January 7, 2011
[ Fri, Jan 07th 2011 ] - Market Wire
30 A.M. Eastern Standard Time
Thu, January 6, 2011
Wed, January 5, 2011
Tue, January 4, 2011
Mon, January 3, 2011
Fri, December 31, 2010
Thu, December 30, 2010

Glu Prices Offering of $15 Million of Common Stock


//science-technology.news-articles.net/content/2 .. ices-offering-of-15-million-of-common-stock.html
Published in Science and Technology on by Market Wire   Print publication without navigation


SAN FRANCISCO--([ BUSINESS WIRE ])--Glu Mobile Inc. (NASDAQ: GLUU), a leading global publisher of social games for smartphone and tablet devices, priced a public offering of 7,317,074 shares of its common stock at $2.05 per share. Glu expects to receive net proceeds of approximately $13.8 million from the sale of the common stock. Glu has granted a 30-day option to the underwriters to purchase up to an additional 1,097,561 shares to cover over-allotments. The offering is subject to customary closing conditions and is expected to close on Friday, January 14, 2011.

Glu plans to use the net proceeds of the offering primarily to accelerate development of its global social gaming community.

Roth Capital Partners is acting as sole bookrunner for the offering with Craig-Hallum Capital Group, Merriman Capital and Northland Capital Markets acting as co-managers.

The offering is being made pursuant to a shelf registration statement filed with the Securities and Exchange Commission (SEC) on November 12, 2010, which became effective on December 3, 2010. The offering will be made by a preliminary prospectus supplement, has been filed with the SEC, and a final prospectus supplement, which is being filed with the SEC.

Copies of the prospectus supplement may be obtained, when available, from the offices of Roth Capital Partners by e-mail to [ rothecm@roth.com ], by fax to +1-949-720-7227, or by mail to 24 Corporate Plaza Drive, Newport Beach, CA, 92660, Attention: Equity Capital Markets.

This press release does not constitute an offer to sell or solicitation of an offer to buy any securities nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Glu Forward-Looking Statement

This press release contains certain "forward-looking statements" related to the businesses of Glu Mobile Inc. which can be identified by the use of forward-looking terminology such as "believes," "expects," "plans" or similar expressions, including expectations regarding completion of and anticipated proceeds from the proposed public offering, and the planned use of such proceeds. Such forward-looking statements involve known and unknown risks and uncertainties, including uncertainties relating to execution market acceptance, future capital requirements, proprietary intellectual property protection, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our public filings with the SEC . Glu is not under obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.


Publication Contributing Sources