Growth Capitalist (https://growthcapitalist.com/author/moriarty/page/129/)
Oculus Innovative Sciences, Inc. (OCLS) announced that it has secured up to $9,159,000 in an ATM (At the Market) transaction with MLV. The purchase price is the prevailing market price at the time of the Draw Down Notice. Placement Agent counsel was LeClairRyan and issuer counsel was Trombly Business Law. An agreement was reached on April 02, 2014. via PlacementTracker.
Kitara Media Corporation (KITM) announced that it has raised $1,000,000 in a Non-Convertible Promissory Notes transaction. The investor was Ironbound Partners Fund, LLC. The transaction closed on March 26, 2014. via PlacementTracker.
Quinpario Acquisition Corporation (QPAC) announced that it has raised $45,000,000 in a Convertible Preferred Stock transaction. The securities accrue interest at a rate of 8% per annum. The conversion price and further details have yet to be disclosed. via PlacementTracker.
Crossroads Systems, Inc. (CRDS) announced that it has raised $4,257,163 in a Units (Common Stock + Warrants) transaction. The common stock was sold at $2.26 per share, an approximate 9% discount to the market price ($2.49) of CRDS at deal announcement. A series of 943,311 5-year Warrants with an exercise price of $2.46 per share (1.2% discount) was issued to the investors in this transaction. Roth Capital Partners, LLC acted as Financial Advisor on the transaction. The investors include Lone Star Value Management, LLC.
