Financing Transactions |
12 Months Ended | ||||||||||||||||||||
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Dec. 31, 2019 | |||||||||||||||||||||
Financing Transactions | |||||||||||||||||||||
Financing Transactions |
9. Financing Transactions During the year ended December 31, 2019, the Company generated approximately $90.3 million of gross proceeds from the sale of its securities as follows:
In total, approximately $31.5 million of the net proceeds from these offerings were used primarily to pay-off the Webster Credit Facility on an ongoing basis until fully paid on June 25, 2019, with the balance used as working capital and for general corporate purposes.
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