January 13, 2004 1 min read

Sorrento Obtains Commitment for $10 Million in Private Placement

Sorrento Networks will raise approximately $10 million in gross proceeds from a private placement of its common stock and warrants to institutional and accredited investors. This commitment is in addition to the $6.35 million raised in the private placement that closed on 31-Dec-2003. http://www.sorrentonet.com

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