MusclePharm Corporation announced the completion of a financing agreement with Prestige Capital Corporation in the initial amount of $10 million. The agreement with Prestige Capital allows the company to use its receivables to finance up to a total of $10 million. The company used the initial borrowings to retire the $6.0 million outstanding debt with ANB Bank and intends to utilize future borrowings for general working capital and other business needs.
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5-day change | 1st Jan Change | ||
0.000025 USD | +2,400.00% |
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0.00% | +2,400.00% |
1st Jan change | Capi. | |
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+2,400.00% | 836 | |
+111.11% | 7.01B | |
+2.71% | 987M | |
+51.43% | 976M | |
+2.49% | 669M | |
-.--% | 600M | |
-2.15% | 593M | |
+10.28% | 536M | |
-.--% | 500M | |
+7.43% | 470M |
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- Musclepharm Corporation Announces Completion of Financing Agreement with Prestige Capital Corporation in the Initial Amount of $10 Million