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Orbit International closes $6 million credit line and $4.075 million private placement

Verifying
  • Orbit International closed a new revolving credit line with Merchant Financial Corporation.
  • $4.539 million was drawn to repay the previous M&T Bank credit line.
  • Orbit issued 1.63 million shares at $2.50 each in a $4.075 million private placement.
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Orbit International closes $6 million credit line and $4.075 million private placement - CoinPost Terminal