Digonex Technologies reports successful placement of its mezzanine securities

A $3.31 million unregistered mezzanine investment round initiated by Digonex Technologies was subscribed by fourteen financial backers. According to the information disclosed, the placement started on June 16th and was fully subscribed. The company closed three previous unregistered private placements which raised an estimated $29.12 million.

Digonex Technologies develops and markets automated pricing platforms for e-commerce. The company leverages its proprietary dynamic pricing model that adapts to demand and capture maximum revenue. The company offers “Seats” a product for sports and entertainment tickets pricing, “AccuRate” for parking garages and “DigitalOnlineExchange” for automated product catalog pricing.

The company is headquartered in Indianapolis IN. Digonex Technologies kept its revenues undisclosed.
The executive team includes Gregory T Loewen, J Scott Enright, Jan Eglen, Jeffrey H Smulyan and Ryan Hornaday.
The board of directors includes Kevin Caldwell and William Beard.

The company has raised an estimated total of $32.43 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: Digonex Technologies
Industry: Other Technology
Amount offered: $3.31 million
Amount placed: $3.31 million
First sale: 06-16-2014
Data as of: 06-30-2014

For more information visit www.XDATA.co


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