Deals

Mandalay Digital Closes $17.4M CMPO via Ladenburg, Craig-Hallum

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Mandalay Digital Group, Inc. (MNDL) announced that it has raised $17,404,500 in a CMPO/Overnight transaction. The common stock was sold at $4.10 per share, an approximate 11% discount to the market price ($4.63) of MNDL at deal announcement. Ladenburg Thalmann acted as Sole Book-Runner with Craig-Hallum Capital Group acting as Co-Manager on the transaction. Underwriter counsel was Ellenoff Grossman & Schole and issuer counsel was Manatt, Phelps & Phillips. The transaction is expected to close by 03/07/2014.

Deals

ChinaCache International Raises $5M at 23% Discount

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ChinaCache International Holdings Limited (CCIH) announced that it has raised $54,999,999 in a Common Stock transaction. The common stock was sold at $16.34 per share, an approximate 23% discount to the market price ($21.10) of CCIH at deal announcement. Note this Placement is subject to customary closing conditions and is expected to close by 03/31/2014. via PlacementTracker.

Deals

Cardium Therapeutics Raises $5M at 37% Premium from Strategic Investor

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Cardium Therapeutics Inc. (CRXM) announced that it has raised $5,000,000 in a Common Stock transaction. The common stock was sold at $0.70 per share, an approximate 37% premium to the market price ($0.51) of CRXM at deal announcement. The investor was Shanxi Taxus Pharmaceuticals. Griffin Financial Group acted as Financial Advisor on the transaction. Note that this Placement funded in tranches.

Deals

Magic Software Enterprises Closes $58.6M CMPO at 10 % Discount via Barclays, William Blair

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Magic Software Enterprises Limited (MGIC) announced that it has raised $58,650,000 in a CMPO/Overnight transaction. The common stock was sold at $8.50 per share, an approximate 10% discount to the market price ($9.49) of MGIC at deal announcement. Warrants were not disclosed. Barclays Capital, Inc. and William Blair & Company, LLC acted as Joint Book-Running Managers, and Maxim Group LLC and H.C. Wainwright & Co., LLC acted as Co-Managers on the transaction. The investors include Formula Systems (1985) Limited.