Meca Software Inc sold 1.75m shares, 1m of them new, at $10 a time, to raise about $9m net for the developer of expert system personal legal affairs software, and will use the cash for new product development, expansion of marketing and possible acquisitions. The offering was made through an underwriting group managed by Needham […]
Meca Software Inc sold 1.75m shares, 1m of them new, at $10 a time, to raise about $9m net for the developer of expert system personal legal affairs software, and will use the cash for new product development, expansion of marketing and possible acquisitions. The offering was made through an underwriting group managed by Needham & Co Inc, Hambrecht & Quist Inc and Piper, Jaffray & Hopwood Inc.
