HyperSpace gets funding to try to keep stock listing

The company that owns MPC Computers in Nampa is appealing to keep its spot on the American Stock Exchange Thursday, armed with a $5 million vote of confidence from current investors and plans to raise $25 million more.

HyperSpace Communications http://www.ehyperspace.com/ announced the $5 million loan Wednesday, and said a new investment bank has joined the company’s efforts to convince pension plans, insurance companies and other big-money investors to buyinto the company’s future as a computer-and data-storage-maker.

Gregory Hahn
Idaho Statesman

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