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BRIEF-Smith Micro Software says entered short-term borrowing arrangement
December 12, 2016 / 11:59 AM / 9 months ago

BRIEF-Smith Micro Software says entered short-term borrowing arrangement

Dec 12 (Reuters) - Smith Micro Software Inc

* Smith Micro Software Inc - note is due on december 14, 2016 and is secured by company’s accounts receivable and certain other assets-sec filing

* Smith Micro Software - after borrowing arrangement,smith loaned to co $1 million,co issued to smith secured promissory note bearing interest of 18% per annum

* Smith Micro Software - on December 6, 2016, Smith Micro Software entered short-term secured borrowing arrangement with William W. and Dieva L. Smith Source text for Eikon: Further company coverage:

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