SOUTH JORDAN — TenFold Corp. on Monday said it has completed the registration of the $10 million private placement that it closed in December.
"This transaction allowed a new group of investors to acquire a meaningful position in TenFold, and it strengthened our financial foundation," said Nancy Harvey, TenFold's president and chief executive officer. "The registration of these shares should also provide greater liquidity for our stock by increasing the number of shares available for trading in the market."
TenFold licenses its technology for applications development.