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Clickable sells $800,000 in notes in private placement

June
7

Clickable Enterprises Inc., an Internet-based supplier of home-heating oil, announced today that it has closed on a deal to sell $800,000 in secured convertible notes in a private placement. The transaction closed May 31, the Larchmont-based company said. In addition to the notes, Clickable issued warrants exercisable for 10 million shares of common stock, it said.

This entry was posted on Thursday, June 7th, 2007 at 6:02 pm by David Schepp. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Raising cash

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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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