August 20, 2013 at 14:07 PM EDT
Spherix's North South Raises $2M from Strategic Investors for Monetization of Parent Portfolio
Spherix's (NASDAQ: SPEX ) North South Holdings Inc. announced that it raised of $2.0 million through its offering of common stock to strategic investors in the intellectual property monetization space. Proceeds will be used to continue the monetization of patents currently owned by North South, as well as seek additional opportunities for growth. "We
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