E Ink to raise around $40 million with a new stock offer

E Ink Holdings is raising money - the company will issue 60 million new shares. The current share price is $NT 21, so the company will raise about $40 million USD. E Ink Holdings had large losses in 2012 (around $25 million) due to the drop in e-reader sales.

Source:
Posted: May 08,2013 by Ron Mertens