Digital Cinema Destinations Corp. (Digiplex) Announces Closing of Initial Public Offering

Digital Cinema Destinations Corp. /quotes/zigman/9438327/quotes/nls/dcin DCIN -6.23% , a fast-growing motion picture exhibitor dedicated to transforming movie theatres into digital entertainment centers, announced today that it has closed its previously announced initial public offering of 2.2 million shares of Class A common stock at $6.10 per share. The underwriters have been granted an option through June 2, 2012 to purchase up to 330,000 additional shares to cover over-allotments, if any.