Wireless services company LCC International Inc. said Thursday it raised $17 million in a private placement of 5.1 million newly-issued shares.
The Class A shares priced at $3.35 each.
The company plans to use the proceeds to grow its business.
Shares fell 2 cents to $4.01 in after-hours electronic trading. They closed up 3 cents at $4.03 on the Nasdaq Stock Market.
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