AutoNet Mobile ~ $6,000,000 Private Placement ~ Convertible Preferred Stock - August 2014
Autonet Mobile, Inc. provides an internet-based telematics and applications service platform for the transportation market. Based on a technology platform designed to maintain wireless connectivity to vehicles in motion, Autonet has provided its product and services directly to several of the world’s largest automotive manufacturers.
Taglich Brothers continues to help Autonet raise capital for its efforts to roll out of their newest generation of Telematic Controls Units (TCU) device. The net proceeds will help the Company to launch its new product and grow their systems to manage the increased subscriber base.
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