Completed Transaction Announcement: Radiant Logistics

December 2013 – Radiant Logistics, Inc. (NYSE MKT: RLGT) a domestic and international logistics services company (the “Company”), announced the completion of the public offering of 800,000 shares of its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock, liquidation preference $25.00 per share.  The underwriters also exercised a portion of their overallotment option and purchased an additional 39,200 shares of stock from the Company at $25.00 per share.  The Company received gross proceeds of approximately $21 million, before deducting the underwriting discount and other estimated offering costs.

Janney Montgomery Scott LLC
1717 Arch Street
Philadelphia, PA 19103
www.janney.com

 

 


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