RFID solutions developer BOS Ltd. has secured a $2.4 million convertible loan
August 25th, 2009
Globes Online: RFID solutions developer BOS Better Online Solutions Ltd. (Nasdaq: BOSC has secured a $2.4 million convertible loan financing with several lenders including Catalyst Private Equity Partners (Israel) II L.P., Telegraph Hill Capital Fund I, LLC, certain existing shareholders and company executives.
The financing proceeds will be used mainly for working capital.
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