Deals

Victory Electronic Cigarettes Raises $3M at 29% Discount

By |

Victory Electronic Cigarettes Corporation (ECIG) announced that it has raised $3,139,988 in a Units (Common Stock + Warrants) transaction. The common stock was sold at $6.50 per share, an approximate 29% discount to the market price ($9.10) of ECIG at deal announcement. A series of 120,769 60-Month Warrants with an exercise price of $6.50 per share (28.57% discount) was issued to the investors in this transaction. Issuer counsel was Robinson Brog Leinwand Greene Genovese & Gluck. The transaction closed on April 30, 2014.

Deals

Momenta Pharmaceuticals Announces $75M ATM Program via Stifel Nicolaus

By |

Momenta Pharmaceuticals, Inc (MNTA) announced that it has secured up to $75,000,000 in an ATM (At the Market) transaction with Stifel Nicolaus Weisel. The purchase price is the prevailing market price at the time of the Draw Down Notice. Placement Agent counsel was LeClairRyan and issuer counsel was Latham & Watkins. An agreement was reached on May 06, 2014. via PlacementTracker.

Deals

InVivo Therapeutics Closes $14M CMPO via Aegis Capital

By |

InVivo Therapeutics Holdings Corporation (NVIV) announced that it has raised $14,001,250 in a CMPO/Overnight transaction. The common stock was sold at $1.15 per share, an approximate 34% discount to the market price ($1.75) of NVIV at deal announcement. A series of 6,087,500 60-Month Warrants with an exercise price of $1.44 per share (17.86% discount) was issued to the investors in this transaction. Aegis Capital Corporation acted as agents on the transaction. Placement Agent counsel was Blank Rome LLP and issuer counsel was Greenberg Traurig, LLP.