Local.com Aims To Raise $15.5 Million In Public Offering
January 14, 2011 at 09:16 AM EST
Local search site operator Local.com this morning announced that it has priced an underwritten public offering of 4 million shares of its common stock at a price of $4.25 per share. Net proceeds, after discounts, commissions and estimated expenses, will be approximately $15.5 million.