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Published on 11/2/2004 in the Prospect News PIPE Daily.

New Issue: Nestor Partners sells $2.9 million in equities for cash

By Sheri Kasprzak

Atlanta, Nov. 2 - Nestor Partners sold a total of $2,901,635 in equity securities to existing and limited partners.

The private placement was made in two separate deals. The first was made on Oct. 1 for $860,602 and the second on Nov. 1 for $2,041,033.

There were no underwriting discounts or commissions paid in the sale.

Nestor is a Providence, R.I.-based software company. Its stock closed up $0.50 at $5.40 on Tuesday.


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