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BRIEF-Smith Micro Software says on June 30, entered into a new short-term secured borrowing arrangement to refinance existing short-term notes
July 7, 2017 / 10:18 AM / a month ago

BRIEF-Smith Micro Software says on June 30, entered into a new short-term secured borrowing arrangement to refinance existing short-term notes

July 7 (Reuters) - Smith Micro Software Inc

* Smith Micro Software - On June 30, 2017, entered into a new short-term secured borrowing arrangement to refinance existing short-term notes

* Smith Micro - Issued to each of William Smith and Steven Elfman secured promissory note with principal balance of $1 million bearing interest at rate of 12%/annum Source text: [bit.ly/2uRhYIY] Further company coverage:

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