Growth Capitalist (https://growthcapitalist.com/author/moriarty/page/117/)
Highlands Bankshares, Inc. (HBKA) announced a Rights Offering transaction of up to $3,726,282.00. The Rights Record Date is 4/15/2014. The Total Rights Offered is 1,071,429 at $3.50 per share, an approximate 13% discount to the market price ($4.00) of HBKA at deal announcement. McKinnon & Company, Inc. acted as the exclusive agent on the transaction. Issuer counsel was Williams Mullen.
Highlands Bankshares, Inc. (HBKA) announced that it has raised $16,524,998 in a Common Stock transaction. The common stock was sold at $3.50 per share, an approximate 13% discount to the market price ($4.00) of HBKA at deal announcement. McKinnon & Company, Inc. acted as the exclusive agent on the transaction. The investors include Tricadia Capital Management, LLC. Issuer counsel was Williams Mullen and investor counsel was Covington & Burling.
Committed Capital Acquisition Corporation II (CCAQU) announced that it has raised $5,000,000 in a Common Stock transaction. The common stock was sold at $5.00 per share. The Investors include officers of the Company and members of the board of directors. This Placement was conducted concurrently with the Company's Initial Public Offering. via PlacementTracker.
Lucas Energy, Inc. (LEI) announced that it has raised $1,999,999 in a Registered Direct transaction. The common stock was sold at $0.60 per share, an approximate 10% discount to the market price ($0.67) of LEI at deal announcement. A series of 1,666,666 60-Month Warrants with an exercise price of $1.00 per share (49.23% premium) was issued to the investors in this transaction. The investors include Ironman Energy Master Fund and Ironman PI Fund II (QP), L.P.. Issuer counsel was The Loev Law Firm, PC.
