Motricity (MOTR) Files $50M Subscription Rights Shelf
More News related to MOTR Motricity (MOTR) Files $50M Subscription Rights Shelf After-Hours Movers 11/14: (VNET) (PATH) Higher; (GERN) (LDK) (GURE) (IOC) Lower Carl Icahn Files Q3 13F More News related to MOTR More News related to Corporate News Wave Systems (WAVX) Receives Unprecedented $1.7M EMBASSY Order RIM's (RIMM) Future Depends on PlayBook Success, But Road Ahead is Bumpy... Acxiom (ACXM) Will Sell AISS to Sterling Infosystems in $74M Deal Koppers (KOP) to Close Kurnell Carbon Black Plant, Outlines Financial Impact Affymax (AFFY) Shares Surge as FDA Says Peginesatide Works as Well as Amgen Products More News related to Corporate News December 5, 2011 7:21 AM EST
Motricity, Inc. (Nasdaq: MOTR), filed a registration with the U.S. Securities and Exchange Commission to sell, from time to time, up to $50 million of subscription rights to purchase units.
The rights will be distributed to Motricity stockholders at no charge.
motr has approx 46 million shares outstanding...worth approx $50 million