NUR Macroprinters receives $2 million of equity funding
Jan 6, 2004 12:00 PM, by AP staff
NUR Macroprinters (Lod, Israel), a supplier of wide-format inkjet production printing systems, has received $2 million of equity funding from investors who recently provided a $3.5 million standby convertible loan financing commitment. The investors exercised their right to purchase ordinary shares of the company by converting $2 million of the $3.5 million standby loan commitment. The conversion was initiated by the company to improve its working capital to meet an anticipated increase in manufacturing volumes in 2004. The remaining unconverted $1.5 million will be available to the company as a standby loan commitment until July 31.
Most Recent Story
Popular Stories
Does painless RGB to CMYK conversion exist?
Into to lamination systems/materials
advertisement
Related Links
advertisement
Associations, Etc.
advertisement
American Printer Webinar
Click here to view webinar resources.
American Printer Video
Click here to view videos.
Print & Media Buyer
A collection of American Printer's coverage of the 2008 Drupa show. We will include more articles as the show approaches... advertisement
Fall 2008 Print & Media Buyer
Cover Story:Green Printers
Expert Advice: Sustainable papers
Last Word: Print in 2018...
ONLINE SPOTLIGHT
Drupa 2008 coverage
Resource Center
