Glowpoint Announces Closing of Registered Direct Offering of Series C Convertible Preferred Stock
Summary
DENVER, Jan. 25, 2018 (GLOBE NEWSWIRE) -- Glowpoint, Inc. (“Glowpoint” or the “Company”) (NYSE American:GLOW), a managed service provider of video collaboration and network applications, announced today the closing of its previously announced registered direct offering of 1,750 shares of its 0% Series C Convertible Preferred Stock (the “Series C Preferred Stock”) for total gross proceeds to the Company of $1,750,000.333-209013) relating to the shares of Series C Preferred Stock offered was declared effective by the Securities and Exchange Commission (the “SEC”) on January 28, 2016.Glowpoint, Inc. (NYSE American:GLOW) is a managed service provider of video collaboration and network applications.Our services are designed to provide a comprehensive suite of automated and concierge applications to simplify the user experience and expedite the adoption of video as the primary means of collaboration.Our customers include Fortune 1000 companies, along with small and medium enterprises in a variety of industries.
