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Sonic Foundry completes $11.25M stock offer

Madison, Wis. - Sonic Foundry, Inc. has closed a public offering of three million shares of common stock in which it raised $11.25 million for general corporate purposes.

The company announced on Dec. 21 the offering of common stock at $3.75 per share, marketed to institutional investors following a shelf-registration statement previously filed......

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Source:wistechnology.com By WTN Media 12/27/06


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