Voyant Obtains Equity Financing Commitment of up to $5,000,000 From Ascendiant Capital
14 Aprile 2009 - 2:00PM
Marketwired
Voyant International Corporation (OTCBB: VOYT), a diversified media
and technology holding company dedicated to improving the quality
of the digital world for both businesses and consumers, announced
today it has obtained an equity financing commitment of up to
$5,000,000 from Ascendiant Capital Group, LLC, a private equity
firm, and its affiliate, Ascendiant Equity Partners, LLC.
During the 24-month term of the equity financing commitment,
Voyant may sell shares of its common stock to Ascendiant up to the
total commitment amount. Voyant will determine, at its sole
discretion, the timing and amount of any sales of its stock,
subject to certain conditions. Additional details will be provided
in an 8-K filing with the SEC.
This equity financing commitment is one of several financing
strategies that Voyant is pursuing to further its business plan and
key projects during 2009 and 2010. Voyant's management team
believes that this equity financing facility provides the company
with a flexible, low-cost alternative to other forms of debt and
equity financing currently available in the market.
About Voyant
Voyant is a media and technology holding company focused on
bringing innovative technologies, media assets, and strategic
partnerships together to deliver next-generation commercial and
consumer solutions to empower, enhance, and enrich our digital
world. The company works with strategic partners in the technology
and entertainment sectors to locate, partner with, and acquire
complementary technologies and media assets that position the
company in the value chain from content creation to direct
distribution to the consumer. More information can be found at
http://www.voyant.net. To receive public information, including
press releases, conference calls, SEC filings, profiles, investor
kits, news alerts and other pertinent information, please register
at http://www.voyant.net/investorpass.
About Ascendiant
Established in 2001, Ascendiant Capital Group, LLC provides
investment capital and strategic guidance to public and private
emerging growth companies. For additional information, please visit
http://www.ascendiant.com.
Voyant Media and Investor Contact: Shelly Fabian Parallel
Marketing Services (407) 517-4835 info@pms-marketing.com
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