Deals

Glori Energy Raises $15.8M to Complete Merger with SPAC

By |

Glori Energy Inc. (GLRI) announced that it has raised $15,800,000.00 in a Common Stock transaction. The common stock was sold at $8.00 per share, an approximate 1% premium to the market price ($7.93) of GLRI at deal announcement. The investors include Hicks Equity Partners and Infinity Group. Note that concurrently with this Placement, the Company completed a reverse merger with Infinity Cross Border Acquisition Corporation. via PlacementTracker.

Deals

Provectus Biopharmaceuticals Announces $50M ATM Program via Cantor

By |

Provectus Biopharmaceuticals, Inc. (PVCT) announced that it has secured up to $50,000,000 in an ATM (At the Market) transaction with Cantor Fitzgerald & Company. The purchase price is the prevailing market price at the time of the Draw Down Notice. Placement Agent counsel was Reed Smith and issuer counsel was Baker, Donelson, Bearman, Caldwell & Berkowitz. An agreement was reached on April 30, 2014. via PlacementTracker.

Deals

Capstone Turbine Raises $32M in RDO at 17% Discount

By |

Capstone Turbine Corporation (CPST) announced that it has raised $32,002,500 in a Registered Direct transaction. The common stock was sold at $1.70 per share, an approximate 17% discount to the market price ($2.06) of CPST at deal announcement. Cowen and Company and FBR acted as Book-Running Managers with Craig-Hallum Capital Group as Co-Manager on the transaction. Underwriter counsel was Proskauer Rose and issuer counsel was Waller, Lansden, Dortch & Davis. The transaction is expected to close on May 06, 2014.

Deals

Jammin Java Corp. Raises $2.5M from Strategic Investor

By |

Jammin Java Corporation (JAMN) announced that it has raised $2,500,000 in a Units (Common Stock + Warrants) transaction. The common stock was sold at $0.34 per share, an approximate 1% discount to the market price ($0.35) of JAMN at deal announcement. A series of 7,333,529 36-Month Warrants with an exercise price of $0.51 per share (48.23% premium) was issued to the investors in this transaction. The investor was Mother Parkers Tea & Coffee Inc. The transaction closed on April 24, 2014. via PlacementTracker.