Edition:
India

Carvana Announces Private Placement Of Class A Convertible Preferred Stock


Monday, 4 Dec 2017 

Dec 4 (Reuters) - Carvana Co ::CARVANA ANNOUNCES PRIVATE PLACEMENT OF CLASS A CONVERTIBLE PREFERRED STOCK.CARVANA CO - ‍ENTERED INTO AN AGREEMENT TO RAISE $100 MILLION OF CLASS A CONVERTIBLE PREFERRED STOCK IN A PRIVATE PLACEMENT WITH DUNDON CAPITAL PARTNERS​.CARVANA CO - ‍CARVANA INTENDS TO USE PROCEEDS TO DRIVE GROWTH, INCLUDING EXPANDING ITS OFFERING TO MORE CUSTOMERS ACROSS COUNTRY​.CARVANA CO - WILL RAISE PROCEEDS THROUGH ISSUANCE AND SALE OF 100,000 SHARES OF NEWLY CREATED SERIES OF CLASS A CONVERTIBLE PREFERRED STOCK. 

Company Quote

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15 Oct 2019