GlassesOff Raises $5M near Market from Cowen Overseas Investment

GlassesOff Inc. (GLSO) announced that it has raised $5,000,000 in a Common Stock transaction. The common stock was sold at $1.25 per share, an approximate 4% discount to the market price ($1.30) of GLSO at deal announcement. The investor was Cowen Overseas Investment LP. Issuer counsel was Greenberg Traurig, LLP. Additional tranches of up to $5,000,000 may fund in the future.