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Fusion files $100M shelf registration

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Fusion files $100M shelf registration

Fusion Telecommunications International Inc. on Dec. 15 filed an amended shelf registration statement for the sale of up to $100 million of its securities from time to time.

The filing covers the sale of common stock, preferred stock, debt securities, warrants and units.

The company intends to use the net proceeds for general corporate purposes, which may include funding future acquisitions, CapEx and working capital. Pending such use, the company may temporarily invest net proceeds in short-term, interest-bearing, investment-grade securities.