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UFood completes over-allotment of private offering
April 3, 2008
BOSTON — UFood Restaurant Group Inc. has announced the close of its over-allotment option of the private-placement financing, led by Spencer Trask Ventures Inc., a New York-based venture capital firm.
Approximately $13 million in gross proceeds were raised in connection with the private placement, which includes a $2 million bridge financing that converted to securities in the private offering.
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