Growth Capitalist (https://growthcapitalist.com/author/moriarty/page/123/)
Northwest Biotherapeutics, Inc. (NWBO) announced that it has raised $14,999,998 in a Registered Direct transaction. The common stock was sold at $6.60 per share, an approximate 8% discount to the market price ($7.17) of NWBO at deal announcement. H.C. Wainwright & Co. acted as the exclusive agent on the transaction. The transaction is expected to close on April 14, 2014.
Box Ships Inc. (TEU) announced that it has raised $1,025,000 in a Common Stock transaction. The common stock was sold at $2.05 per share, an approximate 14% discount to the market price ($2.38) of TEU at deal announcement. A series of 200,000 60-Month Warrants with an exercise price of $2.65 per share (11.34% premium) was issued to the investors in this transaction. The investor was Neige International Inc.. Issuer counsel was Seward & Kissel LLP.
Box Ships Inc. (TEU) announced that it has raised $10,250,000 in a CMPO/Overnight transaction. The common stock was sold at $2.05 per share, an approximate 14% discount to the market price ($2.38) of TEU at deal announcement. A series of 2,000,000 60-Month Warrants with an exercise price of $2.65 per share (11.34% premium) was issued to the investors in this transaction. Maxim Group LLC acted as Sole Book-Running Manager and National Securities Corporation acted as Co-Manager on the transaction. Placement Agent counsel was Ellenoff Grossman & Schole LLP and issuer counsel was Seward & Kissel LLP.
Rentech, Inc. (RTK) announced that it has raised $50,000,000 in a Non-Convertible Term Notes transaction. Credit Suisse Securities (USA) LLC acted as Financial Advisor on the transaction. The investor was GSO Capital Partners LP. Issuer counsels were Holland & Hart and Latham & Watkins. The transaction closed on April 09, 2014.
