Deals

Synthesis Energy Systems Raises $15M in RDO at Market via T.R. Winston

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Synthesis Energy Systems, Inc. (SYMX) announced that it has raised $15,000,014 in a Registered Direct transaction. The common stock was sold at $1.80 per share, an approximate 2% discount to the market price ($1.83) of SYMX at deal announcement. A series of 4,166,672 36-Month Warrants with an exercise price of $2.16 per share (18.03% premium) was issued to the investors in this transaction. T.R. Winston & Company, Inc. acted as the exclusive agent on the transaction. Placement Agent counsel was Ellenoff Grossman & Schole LLP and issuer counsel was Porter & Hedges, LLP.

Deals

Tecnoglass Raises $1M from Insider

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Tecnoglass, Inc. (TGLS) announced that it has raised $1,000,001 in a Common Stock transaction. The common stock was sold at $10.4501 per share. The investor was an affiliate of a member of the Company’s board of directors. Issuer counsel was Graubard Miller. The transaction closed on March 15, 2014.

Deals

AudioCodes Closes $32.2M CMPO at 11% Discount via William Blair, Needham

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AudioCodes Limited (AUDC) announced that it has raised $32,200,000 in a CMPO/Overnight transaction. The common stock was sold at $8.00 per share, an approximate 11% discount to the market price ($9.02) of AUDC at deal announcement. William Blair & Company and Needham & Company acted as Bookrunners with Oppenheimer & Co. acting as Co-Lead Manager on the transaction. Underwriter counsel was Latham & Watkins, LLP and issuer counsel was Fulbright & Jaworski, LLP.