Growth Capitalist (https://growthcapitalist.com/author/moriarty/page/100/)
Staffing 360 Solutions, Inc. (STAF) announced that it has raised $2,848,500 in a Convertible Debentures transaction. The fixed conversion price of the Convertible Debentures is $1.50 per share, an approximate 25% discount to the market price ($2.00) of STAF at deal announcement. The transaction closed on May 19, 2014. via PlacementTracker.
Hydrogenics Corporation (HYGS) announced that it has raised $15,000,000 in a CMPO/Overnight transaction. The common stock was sold at $15.00 per share, an approximate 23% discount to the market price ($19.59) of HYGS at deal announcement. Canaccord Genuity, Craig-Hallum Capital Group LLC, Roth Capital Partners, LLC acted as underwriters on the transaction. Underwriter counsel was Choate, Hall & Stewart, LLP and Stikeman Elliott LLP and issuer counsel was Torys, LLP. The transaction closed on May 16, 2014.
Great American Group, Inc. (GAMR) announced that it has raised $51,500,000 in a Common Stock transaction. The common stock was sold at $0.25 per share, an approximate 8% premium to the market price ($0.23) of GAMR at deal announcement. The lead investor was Elliott Management Corporation. Issuer counsel was Morrison & Foerster, LLP. The transaction is expected to close by 06/02/2014.
Camp Nine, Inc. (CMPE) announced that it has raised $2,002,386 in a Convertible Preferred Stock transaction. The fixed conversion price of the Convertible Preferred Stock is $0.60 per share. The transaction closed on May 14, 2014. via PlacementTracker.
