SUNNYVALE, Calif., May 17, 2010 (GLOBE NEWSWIRE) -- TeleNav, Inc. (Nasdaq:TNAV), a provider of location based services, or LBS, including voice guided navigation, on mobile phones, today announced that, in connection with its previously disclosed underwritten public offering, the underwriters have exercised, in full, their option to purchase an additional 1,050,000 shares of common stock to cover overallotments.
TeleNav Announces Exercise Of Overallotment Option In Common Stock Offering
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