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Quad Capital Management Adviso Sells 378,697 Shares of Premier Alliance Group Inc. (RTNB) Stock

Premier Alliance Group Inc. (NASDAQ:RTNB) major shareholder Quad Capital Management Adviso sold 378,697 shares of the business’s stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of $2.84, for a total transaction of $1,075,499.48. The sale was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

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Quad Capital Management Adviso also recently made the following trade(s):

Shares of Premier Alliance Group Inc. (NASDAQ:RTNB) opened at 2.99 on Friday. The company’s 50-day moving average is $5.19 and its 200 day moving average is $6.54. Premier Alliance Group Inc. has a 1-year low of $0.41 and a 1-year high of $13.05. The company’s market cap is $18.24 million.

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About Premier Alliance Group

root9B Holdings, Inc, formerly root9B Technologies, Inc, is engaged in providing cybersecurity, business advisory services principally in regulatory risk mitigation, and energy and controls solutions. The Company helps clients in various industries to provide cyber operations and solutions, mitigate risk, comply with regulations, and leverage and integrate technology.