Monday, April 4, 2011

LivingSocial Files To Authorize Up To $565M In Series E [Update: And Raises $400M]

Reports of daily deals site LivingSocial being in talks to raise around $500 million in Series E are now backed up by LivingSocial's amended and restated Certificate of Incorporation filed on March 31st and unearthed today by the VCExperts blog. The form shows that Hungry Machine Inc, the holding company for LivingSocial, has filed an intent to raise up to $565 million in Series E financing, with 100 million shares authorized, at $5.65 a share. The amended Certificate of Incorporation form confirms that the company is allowed to raise the funds, but doesn't necessarily mean that it already has the money in its coffers. I wouldn't be surprised if we come across the round's SEC Form D sometime soon.

NATIONAL SEMICONDUCTOR NATIONAL INSTRUMENTS MOTOROLA MOODYS MISCROSOFT OFFICE

No comments:

Post a Comment