Wavefront Technologies Inc, Santa Barbara, California developer of two- and three-dimensional software for computer-aided design and animation, got its offer of 2.0m shares, all new, away at $5.75 a share, raising over $10m in net proceeds. It will use about $4.6m repay outstanding notes and the balance for working capital. The offer was managed by […]
Wavefront Technologies Inc, Santa Barbara, California developer of two- and three-dimensional software for computer-aided design and animation, got its offer of 2.0m shares, all new, away at $5.75 a share, raising over $10m in net proceeds. It will use about $4.6m repay outstanding notes and the balance for working capital. The offer was managed by Lehman Brothers Inc and Volpe, Welty and Co.
