CopyTele secures $3.5m

CopyTele has completed a private placement of a $3,500,000. The financing also includes the issuance of a three year warrant to purchase 9,249,272 common shares, at an exercise price of 37.84 cents per share. The $3,500,000 of gross proceeds from the financing will be used for general working capital purposes. CopyTele specializes in patent monetization and patent assertion.

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