Speed Commerce Announces Registered Direct Offering

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Speed Commerce (SPDC) to Explore Strategic Alternatives; May Include Sale of Company

April 16, 2015 8:54 AM EDT

Speed Commerce (NASDAQ: SPDC) announced that the company's Board of Directors has formed a special committee to explore strategic alternatives, including a sale of the company.

"Speed Commerce's Board of Directors is engaging in this formal process after having received unsolicited proposals and believe this approach will serve to supplement the company's continuing success,... More

Speed Commerce (SPDC) Enters 13.04M Common Registered Direct Offering at $0.56/Share

April 16, 2015 8:53 AM EDT

Speed Commerce (NASDAQ: SPDC) announced that it entered into agreements with investors for a registered direct offering of 13,035,713 shares of our common stock and warrants to purchase up to 9,776,784 shares of our common stock at a combined public offering price of $0.56 per share and... More