Deals

Terreno Realty Announces $100M ATM Program via KeyBanc, JMP, Mitsubishi UFJ, MLV

By |

Terreno Realty Corporation (TRNO) announced that it has secured up to $100,000,000 in an ATM (At the Market) transaction. The purchase price is the prevailing market price at the time of the Draw Down Notice. KeyBanc Capital Markets, JMP Securities, Mitsubishi UFJ Securities, and MLV acted as agents on the transaction. Placement Agent counsel was Sullivan & Cromwell and issuer counsel was Goodwin Procter. via PlacementTracker.

Deals

Sunesis Closes $43M CMPO at 42% Premium via Cowen and Cantor

By |

Sunesis Pharmaceuticals, Inc. (SNSS) announced that it has raised $43,012,500 in a CMPO/Overnight transaction. The common stock was sold at $9.25 per share, an approximate 42% premium to the market price ($6.52) of SNSS at deal announcement. A series of 4,650,000 9-Month Warrants with an exercise price of $8.50 per share (30.37% premium) were issued to the investors in this transaction. An additional series of 4,650,000 18-Month Warrants with an exercise price of $12.00 per share (84.05% premium) were issued to the investors in this transaction. Cowen and Company and Cantor Fitzgerald & Company acted as Joint Book-Running Managers on the transaction.

Deals

Management Network Group Raises $2M at 14% Premium from Strategic Investor

By |

Management Network Group, Inc. (The) (TMNG) announced that it has raised $2,000,000 in a Common Stock transaction. The common stock was sold at $3.28 per share, an approximate 14% premium to the market price ($2.88) of TMNG at deal announcement. A series of 3,400,000 Warrants was issued to the investors in this transaction. The investor was Elutions, Inc.

This Placement is part of a $5.3 million financing. The other $3.3 million was funded in the form of a a non-convertible promissory note sold by the Company's subsidiary Cartesian Limited.

Deals

Active Power Closes $10M CMPO at 7% Discount via Roth Capital

By |

Active Power, Inc. (ACPW) announced that it has raised $10,001,250 in a CMPO/Overnight transaction. The common stock was sold at $3.15 per share, an approximate 7% discount to the market price ($3.38) of ACPW at deal announcement. Roth Capital Partners acted as Sole Manager on the transaction. Underwriter counsel was K&L Gates and issuer counsel was Wilson Sonsini Goodrich & Rosati. The transaction is expected to close on March 3, 2014.