GoFish Completes $12 Million Stock-For-Stock Merger

Nov 03, 2006

GoFish Corporation, an online video destination for user-generated video, formerly Unibio, Inc., has announced the closing of a stock-for-stock merger with GoFish Technologies, Inc. The combined company will operate under the name GoFish Corporation and will assume and execute GoFish Technologies' user-generated video business plan as its sole business. GoFish will retain senior management led by its founder and CEO Michael Downing. GoFish completed a $12 million private placement of common stock and warrants to a group of institutional and private investors. The company plans to use the funds to strengthen its corporate infrastructure and product offerings.