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Quickflix sets dates for rights issue

Quickflix sets dates for rights issue

Online movie rental company (ASX:QFX) has set October 19 as the closing date for acceptances of the company's rights issue.

Offer documents for the $3.2 million rights issue will be despatched to shareholders on October 5.

The shares will then enter deferred settlement trading on October 20, before commencing on-market trading on October 28.

Quickflix said it would use the proceeds to grow its base of paying subscribers by investing in marketing and content.

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Tags ASX:QFXrights issueQuickflix

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