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United Kingdom

SRAX announces private placement of $5.18 million with existing shareholders


Friday, 27 Oct 2017 

Oct 27 (Reuters) - Social Reality Inc :SRAX announces private placement of $5.18 million with existing shareholders.Social reality - ‍entered agreement for sale of about $5.18 million of 12.5% secured convertible debentures due April 21, 2020.Social Reality Inc - ‍expects to use net proceeds to satisfy an approximate $1.57 million obligation under warrant issued in October 2014​.