GilmanCiocia Needs More Capital

Gilman logoGilmanCiocia says it needs additional capital to fund acquisitions and to repay nearly $4 million in debt this week. The company, which has financial planning and tax and accounting businesses, said that capital would be raised through private offerings, such as the one that brought in $500,000 this month. The information was contained in Gilman’s SEC filing for the first quarter ended September 30.

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