Deals

Integral Technologies Raises $1.1M at 45% Discount

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Integral Technologies, Inc. (ITKG) announced that it has raised $1,146,523 in a Common Stock transaction. The common stock was sold at $0.17 per share, an approximate 45% discount to the market price ($0.31) of ITKG at deal announcement. A series of 6,744,251 18-Month Warrants with an exercise price of $0.30 per share (3.23% discount) was issued to the investors in this transaction. Issuer counsel was Sichenzia Ross Friedman Ference, LLP. The transaction closed on March 31, 2014.

Deals

Calpian Raises $5M at 31% Discount

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Calpian, Inc. (CLPI) announced that it has raised $5,071,000 in a Units (Common Stock + Warrants) transaction. The common stock was sold at $1.00 per share, an approximate 31% discount to the market price ($1.45) of CLPI at deal announcement. A series of 1,014,200 5-year Warrants with exercise price of $1.25 (16% discount) were issued to the investors. The transaction closed on March 31, 2014. via PlacementTracker.

Deals

KiOR Raises $5M in Conv Debt Deal from KFT Trust

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KiOR, Inc. (KIOR) announced that it has raised $5,000,000 in a Convertible Senior Secured Notes transaction. A series of 872,600 84-Month Warrants with an exercise price of $0.57 per share (0% premium) was issued to the investors in this transaction. The investor was KFT Trust. Issuer counsel was Wilmer Cutler Pickering Hale & Dorr, LLP. This Placement will fund in tranches.

Deals

PSM Holdings Raises $3.2M in Conv Preferred Deal at 28% Conversion Discount

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PSM Holdings Inc. (PSMH) announced that it has raised $3,200,000 in a Convertible Preferred Stock transaction. The fixed conversion price of the Convertible Preferred Stock is $0.08 per share, an approximate 27.27% discount to the market price ($0.11) of PSMH at deal announcement. Littlebanc Advisors, LLC acted as the exclusive agent on the transaction. The investors include LB Merchant PSMH-2, LLC, Riverview Group, LLC, and Palm Global Small Cap Fund, L.P.. Issuer counsel was Ronald N. Vance, PC.