Cambridge Display Technology on Wednesday said it has set a private placement of about 2.19 million shares at a purchase price of $8 per share.
Cambridge Display, a maker of diodes for flat-panel displays, said the agreement with institutional and other investors also includes warrants to purchase up to 656,250 additional shares at an exercise price of $12 per share. The company said it expects to raise $17.5 million from the placement.
Posted: Dec 21,2005 by Ron Mertens
