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Stock Market & Financial Investment News

News Breaks
November 12, 2012
09:08 EDTADATAuthentidate Inscrybe referral management solution selected by NBN Group
Authentidate Holding announced that NBN Group has chosen Authentidate's Inscrybe Referral Management solution to help improve the efficiency of its care order processing, reduce processing time and improve communications with physicians. NBN will use the Inscrybe web-based application to securely process care orders from referring physicians electronically -- care plans, physician orders, and other orders. Inscrybe also provides electronic signing capabilities to those physicians using the secure online web application to approve care orders. NBN has also contracted to interface Inscrybe with their CPR+ billing system to transfer medical and billing information electronically between the two applications.
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August 29, 2014
14:20 EDTADATAuthentidate cuts registered direct offering to $2.17M from $2.47M
Authentidate is providing this release to correct the previously announced gross proceeds for its direct placement to approximately $2.17M of common stock and warrants. A prior release had indicated the gross proceeds were approximately $2.47M. The unit price of $0.71 per share and warrant for new investors and $0.75125 per share and warrant for certain affiliated investors did not change. In the transaction, Authentidate will issue a total of 3,041,455 shares of common stock and common stock warrants to purchase up to 1,003,678 shares of common stock. The warrants will be exercisable commencing on the six month anniversary of the date on which they are issued and have an exercise price of $0.8875 per share. The warrants will expire on the 5 year anniversary of the initial exercise date. As previously reported, the company expects to complete the offering on or about September 3. Proceeds from the offering will be used for working capital and general corporate purposes. Certain officers and directors of the company, as well as its largest stockholder, participated in the transaction.
August 28, 2014
16:21 EDTADATAuthentidate files registered direct offering of approximately $2.47M
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