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Digiplex Destinations Closes Previously Announced $5.7 Million Registered Direct Offering

WESTFIELD, N.J.--(BUSINESS WIRE)--Digital Cinema Destinations (Nasdaq: DCIN), doing business as Digiplex Destinations, announced today that it has closed its previously announced registered direct offering with certain institutional investors of 1,141,000 shares of its Class A Common Stock. The offering price was $5.00 per share, resulting in gross proceeds of approximately $5.7 million. Barrington Research Associates, Inc. acted as exclusive placement agent for the offering.