Early Prime Day Deals Roe v. Wade Overturned Surface Laptop Go 2 Review 4th of July Sales M2 MacBook Pro Deals Healthy Meal Delivery Best TVs for Every Budget Noise-Canceling Earbuds Dip to $100

Short: SoftNet sold Imnet shares

SoftNet Systems reported that it has sold 277,770 shares of Imnet Systems stock for net proceeds of $5.3 million. It will use the funds for outstanding debts and future growth. SoftNet will record a one-time gain of $3.8 million in the fourth quarter from the sale. SoftNet develops and services electronic information and document management systems.

SoftNet Systems reported that it has sold 277,770 shares of Imnet Systems stock for net proceeds of $5.3 million. It will use the funds for outstanding debts and future growth. SoftNet will record a one-time gain of $3.8 million in the fourth quarter from the sale. SoftNet develops and services electronic information and document management systems.