Brett Goetschius | Page 104 | Growth Capitalist

Deals

PLC Systems Raises $5.5M in APO with Viveve, Inc.

By Brett Goetschius | May 16, 2014

PLC Systems Inc. (PLCSF) announced that it has raised $5,500,000 in a Common Stock transaction. The common stock was sold at $0.53 per share. A series of 861,831 60-Month Warrants with an exercise price of $0.53 per share was issued to the investors in this transaction. Note that a total of $6,000,000 was originally sold in this Placement, $500,000 of which was funded through the conversion of outstanding debt. Note that concurrently with this Placement, the Company completed a reverse merger with Viveve, Inc.

via PlacementTracker.

Premium

The Pros & Cons of Using a Reg D Crowdfunding Platform to Fund Your Real Estate Deal

By Brett Goetschius | May 15, 2014

While still in its infancy, some private equity firms are starting to explore the use of crowdfunding a portion of their next deal. The ability to allow smaller investors to roll into a fund that the platforms manage is a plus in many equity firms' eyes.

Markets

Buzzkill: Pot Stocks Wilt Under Regulatory Scrutiny

By Brett Goetschius | May 15, 2014

After investors in marijuana-related stocks started 2014 flying high, gravity has yanked them back to earth as not-so-hard-to-anticipate consequences tied to weed’s legalization have begun to emerge.

Deals

Central Federal Corp. Raises $6.75M in Conv Preferred Deal at 19% Premium

By Brett Goetschius | May 13, 2014

Central Federal Corporation (CFBK) announced that it has raised $6,750,000 in a Convertible Preferred Stock transaction. The fixed conversion price of the Convertible Preferred Stock is $1.75 per share, an approximate 19.05% premium to the market price ($1.47) of CFBK at deal announcement. A series of 610,000 60-Month Warrants with an exercise price of $1.85 per share (25.9% premium) was issued to the investors in this transaction. McDonald Partners, LLC acted as the exclusive agent on the transaction. The transaction closed on May 12, 2014.