Needham & Company Starts Radcom (RDCM) at Buy

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Go back to Needham & Company Starts Radcom (RDCM) at Buy

Radcom Ltd. (RDCM) Prices 1.82M Common Stock Offering at $11/Share

May 20, 2016 6:11 AM EDT

RADCOM Ltd. (Nasdaq: RDCM) announced the pricing of its previously announced underwritten public offering of 1,818,182 ordinary shares at an offering price of $11.00 per share. Gross proceeds from the offering are expected to be approximately $20 million, before underwriting discounts and commissions and other offering expenses. In connection with the offering, RADCOM has also granted the underwriters a 30-day option to purchase up to an additional 272,727 ordinary... More