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Inventergy, Inc. (INVT) Closes Public Offering with Proceeds of $6M, Tops NASDAQ Listing Requirements

Company: Inventergy, Inc. (INVT)
Category: News

Inventergy Global, Inc. (NASDAQ: INVT) shares are up more than 5% in Friday’s mid-morning trade. The company this morning announced the closing of its previously announced common stock and warrant offering for aggregate gross proceeds of $6.0 million. As a result, INVT said its pro forma stockholders’ equity exceeds the $2.5 million requirement for continued listing on the Nasdaq exchange.

To view the full press release, visit: http://nnw.fm/Y62fR

About Inventergy Global, Inc.

Inventergy Global, Inc. is a Silicon Valley-based intellectual property company dedicated to identifying, acquiring and licensing patented technologies of market-significant technology leaders. Led by IP industry pioneer and veteran Joe Beyers, the Company leverages decades of corporate experience, market and technology expertise, and industry connections to assist Fortune 500 companies and other technology companies in leveraging the value of their innovations to achieve greater returns. For more information visit www.inventergy.com

About NetworkNewsBreak

NetworkNewsBreak is a rapid summary of a press release that caught the attention of NetworkNewsWire (NNW). NNW provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW is uniquely positioned to best serve private and public companies who need to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing network of more than 5,000 key distribution outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. For more information, visit https://www.NetworkNewsWire.com.

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