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John Hancock Venture Capital Fund Lp Ii

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June 7, 1988 | From States News Service
A venture capital fund based in Boston has increased its stake in San Francisco-based Initials+ Inc. to 56%, according to a filing with the Securities and Exchange Commission. John Hancock Venture Capital Fund L.P. II acquired 122,767 of the company's series C shares on May 9. The stock is convertible into 982,136 common shares. The fund previously acquired 400,000 series A shares, which are convertible into about 1.9 million of Initials' common shares, according to the filing.
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BUSINESS
June 7, 1988 | From States News Service
A venture capital fund based in Boston has increased its stake in San Francisco-based Initials+ Inc. to 56%, according to a filing with the Securities and Exchange Commission. John Hancock Venture Capital Fund L.P. II acquired 122,767 of the company's series C shares on May 9. The stock is convertible into 982,136 common shares. The fund previously acquired 400,000 series A shares, which are convertible into about 1.9 million of Initials' common shares, according to the filing.
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