SUGARCRM FILES $15.2M OFFERING

Dawn Jaeger, SugarCRMJust before SugarCon, the user conference held this week in New York, SugarCRM filed a $15.2 million offering statement with the SEC. This is different from most of these, which usually reflect proceeds from sales of securities, or issuance of debt. This filing is primarily about options and the Form D shows that the amount raised reflects the aggregate exercise price of options to purchase common stock of the issuer. Read more...

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