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MoneyOnMobile extends rights offering expiration date

MoneyOnMobile Inc. has extended its rights offering, with the offering now expiring June 22.

As of June 6, MoneyOnMobile has received about $5.4 million in aggregate irrevocable subscriptions for the purchase of common stock at $6.00 per share, exceeding the $4 million minimum objective but less than the $10 million maximum.