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BOCA RATON, Fla., July 1 /PRNewswire/ -- LINE today announced that underwriters of its recent 2,250,000 share common stock offering exercised their overallotment option and purchased 337,500 shares of common stock from the company at $7.00 per share.
The overallotment exercise will provide the company with $2.1 million in additional net proceeds. The total net proceeds from the offering will now approximate $16.1 million after the underwriting discounts and other expenses of the offering.

A copy of the prospectus related to this offering may be obtained from Werbel Roth Securities, Inc. syndicate department, 150 East Palmetto Park Road, Boca Raton, FL, 33431.

SOURCE corp.

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