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million - and is now listed on the AmericannStock Exchange. The Wellington-based companyy will trade under thesymbol "QGP." It formerlyg traded on the Over the Counter Bulletin Board undeer the symbol "QGP.U." The Quantum Group provides administrative and support to organizations that market Medicar e Advantage managed health care plans and health care providerw in Florida through its subsidiaries, includinfg Renaissance Health System of Florida. The offering consisted of 1.
2 milliobn units of three shares ofcommon stock, two seven-yearr non-callable Class A warrants and two seven-year non-callable Class B Quantum plans to use the proceedsw to further develop its medical servicd provider networks and managemen support services, repay debt, expand its technology pay accrued compensation to its executiver management and as general workingf capital. acted as the lead managetr on the offering, and and actef as co-managers. Shares closed at $3.25.
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