Deals

IsoRay Raises $15M in RDO at 21% Discount via Maxim Group

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IsoRay, Inc. (ISR) announced that it has raised $14,675,180 in a Registered Direct transaction. The common stock was sold at $2.60 per share, an approximate 21% discount to the market price ($3.30) of ISR at deal announcement. Maxim Group LLC acted as the exclusive agent on the transaction. Placement Agent counsel was Ellenoff Grossman & Schole LLP and issuer counsel was Keller Rohrback, PLC. The transaction closed on March 21, 2014.

Deals

Lexaria Raises $1.3M at 81% Discount

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Lexaria Corporation (LXRP) announced that it has raised $1,272,000 in a Units (Common Stock + Warrants) transaction. The common stock was sold at $0.12 per share, an approximate 81% discount to the market price ($0.63) of LXRP at deal announcement. A series of 10,600,000 18-Month Warrants with an exercise price of $0.25 per share (60.32% discount) was issued to the investors in this transaction. Canaccord Genuity, Leede Financial Markets, PI Financial Corporation, and Wolverton Securities Limited acted as agents on the transaction. via PlacementTracker.

Deals

Implant Sciences Raises $20M in Equity-linked Notes Deal via BAM Advisor Services

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Implant Sciences Corporation (IMSC) announced that it has raised $20,000,000 in a Non-Convertible Senior Secured Promissory Notes transaction. The securities accrue interest at a rate of 15%, payable quarterly. BAM Advisor Services acted as the exclusive agent on the transaction. Placement Agent counsel was Blank Rome and issuer counsel was Morse, Barnes-Brown & Pendleton. The transaction closed on March 19, 2014.

Deals

F & M Bank Corp. Raises $12.8M near Market from Wellington Management

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F & M Bank Corporation (FMBM) announced that it has raised $12,774,812 in a Common Stock transaction. The common stock was sold at $16.50 per share, an approximate 4% discount to the market price ($17.21) of FMBM at deal announcement. Warrants were not disclosed. FIG Partners and Compass Point Research & Trading acted as agents on the transaction. The investors included Wellington Management Company.