Deals

Advaxis Closes $12.2M CMPO at 26% Discount via Aegis, Noble

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Advaxis Inc. (ADXS) announced that it has raised $12,240,000 in a CMPO/Overnight transaction. The common stock was sold at $3.00 per share, an approximate 26% discount to the market price ($4.08) of ADXS at deal announcement. Aegis Capital Corporation acted as Sole Book-Running Manager and Noble Financial Group acted as Co-Manager on the transaction. Underwriter counsel was Blank Rome LLP and issuer counsel was Reed Smith, LLP. via PlacementTracker.

Deals

Tianli Agritech Raises $6M at 12% Premium

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Tianli Agritech Inc. (OINK) announced that it has raised $6,000,000 in a Common Stock transaction. The common stock was sold at $2.00 per share, an approximate 12% premium to the market price ($1.79) of OINK at deal announcement. The transaction closed on March 26, 2014. via PlacementTracker.

Deals

Cadus Corp. Announces Rights Offering

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Cadus Corporation (KDUS) announced a Rights Offering transaction. The Total Rights Offered is 13,144,040. Issuer counsel was Morrison Cohen, LLP. Further details have yet to be disclosed. via PlacementTracker.

Deals

TMM Raises $1.2M at 39% Discount

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TMM, Inc. (TMMI) announced that it has raised $1,234,000 in a Units (Common Stock + Warrants) transaction. The common stock was sold at $0.10 per share, an approximate 39% discount to the market price ($0.17) of TMMI at deal announcement. A series of 12,340,000 69-Month Warrants with an exercise price of $0.15 per share (9.09% discount) was issued to the investors in this transaction. via PlacementTracker.