Growth Capitalist (https://growthcapitalist.com/author/moriarty/page/127/)
Vaporin, Inc. (VAPO) announced that it has raised $2,400,000 in a Common Stock transaction. Chardan Capital Markets acted as the exclusive agent on the transaction. The transaction closed on April 01, 2014. via PlacementTracker.
Pacific Ethanol, Inc. (PEIX) announced that it has raised $28,000,000 in a CMPO/Overnight transaction. The common stock was sold at $16.00 per share, an approximate 7% discount to the market price ($17.25) of PEIX at deal announcement. Lazard and Cowen and Company acted as Book-Runners with Craig-Hallum Capital Group acting as Co-Manager on the transaction. Underwriter counsel was Proskauer Rose and issuer counsel was Troutman Sanders. The transaction is expected to close by 04/08/2014.
Clean Diesel Technologies, Inc. (CDTI) announced that it has raised $6,902,000 in a Registered Direct transaction. The common stock was sold at $3.40 per share, an approximate 11% discount to the market price ($3.80) of CDTI at deal announcement. A series of 812,000 66-Month Warrants with an exercise price of $4.20 per share (10.53% premium) was issued to the investors in this transaction. Roth Capital Partners, LLC and Craig-Hallum Capital Group LLC acted as agents on the transaction. Placement Agent counsel was Loeb & Loeb, LLP and issuer counsel was DLA Piper.
Arista Power, Inc. (ASPW) announced that it has raised $1,500,000 in a Convertible Preferred Stock transaction. The fixed conversion price of the Convertible Preferred Stock is $0.20 per share, an approximate 31.03% discount to the market price ($0.29) of ASPW at deal announcement. A series of 11,250,000 60-Month Warrants with an exercise price of $0.25 per share (13.8% discount) was issued to the investors in this transaction. Issuer counsel was Schwell Wimpfheimer & Associates LLP. The transaction closed on March 31, 2014.
