October 20, 2016 / 9:27 PM / in a year

BRIEF-Smart Employee Benefits to offer $5 mln units

Oct 20 (Reuters) - Smart Employee Benefits Inc

* SEB announces $5 million unit offering

* Says proceeds from offering will be used for repayment of debt and working capital purposes

* Says co is no longer proceeding with two $1.25 million convertible note offerings previously announced Source text for Eikon: Further company coverage:

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