Sichenzia Ross Ference Kesner LLP Represents Pareteum Corporation in $6.1 Million Registered Direct Offering
New York, NY – May 14, 2018 – Nationally recognized securities and corporate law firm, Sichenzia Ross Ference Kesner LLP, announced today that it represented Pareteum Corporation (NYSE: TEUM), a leading international provider of mobile networking software and services to the Mobile Network and Internet of Things markets, in a registered direct offering of 2,440,000 shares of common stock. The purchase price per share was $2.50. Pareteum received gross proceeds of $6.1 million.
Dawson James Securities, Inc. acted as placement agent for the offering. The Sichenzia Ross Ference Kesner LLP team was led by Partner Darrin M. Ocasio, Counselor Jeff Cahlon and Associate Evan Berger.