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Information Technology Services News
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InfoLogix Announces Closing of Restructuring of its Outstanding Debt with Hercules; Believes Compliant with NASDAQ's Minimum Stockholders' Equity Threshold
1 hour, 43 minutes ago (PR Newswire)
InfoLogix, Inc. , a leading technology provider of enterprise mobility solutions for the healthcare and commercial industries, today announced that the Company, including its subsidiaries, have completed a restructuring transaction with its senior lender, Hercules Technology Growth Capital, Inc. , pursuant to which a portion of the Company's outstanding debt with Hercules Technology I, LLC, a wholly-owned subsidiary of Hercules , was converted into equity in the Company, the remaining outstanding debt with Hercules was otherwise restructured, the Company issued warrants to purchase equity in the Company to HTI, and certain other debt and earnout obligations with other parties were restructured.
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| Market Capitalization: | 26B | | Price
/ Earnings: | 15.4 | | Price
/ Book: | 6.7 | | Net
Profit Margin (mrq): | 3.6% | | Price
To Free Cash Flow (mrq): | -233.3 | | Return
on Equity: | 10.0% | | Total
Debt / Equity: | 0.0 | | Dividend
Yield: | 1.0% |
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