Brief: Cliffside Capital Announces Private Placement
14/06/2021 12:17
June 14 (Reuters) - Cliffside Capital Ltd CEP.V :
* CLIFFSIDE CAPITAL LTD. ANNOUNCES PRIVATE PLACEMENT AND
CONTEMPLATED FORMATION OF A NEW SPECIAL PURPOSE LIMITED
PARTNERSHIP
* CLIFFSIDE CAPITAL LTD - INTENDS TO ISSUE UNITS ON A
PRIVATE
PLACEMENT BASIS, AT $0.20 PER UNIT, TO RAISE UP TO $4.5 MILLION
* CLIFFSIDE CAPITAL - EXPECTS ABOUT $3.75 MILLION OF
PROCEEDS WILL
BE USED TO CREATE & FUND NEW SPECIAL PURPOSE PRIVATE PARTNERSHIP
UNDER NAME "C.A.R. LP I"
Source text for Eikon: ID:nCNW5Sjpka
Further company coverage: CEP.V
((Reuters.Briefs@thomsonreuters.com;))
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