Recruiter.com Closes Oversubscribed Convertible Debenture Bridge Financing

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HOUSTON, June 29, 2020 (GLOBE NEWSWIRE) — Recruiter.com Group, Inc. (OTCQB:RCRT) (“Recruiter.com” or the “Company”), a leading hiring platform for the world’s largest network of recruiters, today announced that it has successfully closed an oversubscribed private placement of convertible debentures in the aggregate principal amount of approximately $2,953,000 bearing an annual interest rate of 8%.  Both funds and private individual accredited investors participated in the offering.

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