Pareteum Corporation’s $3.75 Million Offering of Series C Preferred Stock


Sichenzia Ross Ference LLP today announced that it represented Pareteum Corporation (NASDAQ: TEUM) on the transaction

Pareteum Corporation (NASDAQ: TEUM) is a cloud communications platform company, entered into a subscription agreement with certain investors for shares of the company’s 8% Series C Redeemable Preferred Stock at a purchase price of $100,000 per share for gross proceeds of $3,750,000.

The Sichenzia Ross Ference LLP team was led by partners Darrin Ocasio (Picture) and Avital Perlman and associate Grant Levine.

Involved fees earner: Grant Levine – Sichenzia Ross Ference LLP; Darrin Ocasio – Sichenzia Ross Ference LLP; Avital Perlman – Sichenzia Ross Ference LLP;

Law Firms: Sichenzia Ross Ference LLP;

Clients: Pareteum Corporation ;

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Author: Ambrogio Visconti