Growth Capitalist (https://growthcapitalist.com/author/moriarty/page/167/)
SWK Holdings Corporation (SWKH) announced a Rights Offering transaction of up to $12,500,000. The Total Rights Offered, Rights Record Date, Rights Ex-Date, and Rights Offering were not disclosed. Issuer counsel was Holland & Knight, LLP. Note that the Company has entered into an agreement with Double Black Diamond L.P. to act as Standby purchaser for the Rights Offering
via PlacementTracker.
Arbor Realty Trust (ABR) announced that it has secured up to $52,875,000 in an ATM (At the Market) transaction with JMP Securities. The purchase price is the prevailing market price at the time of the Draw Down Notice. Placement Agent counsel was Venable and issuer counsel was Skadden, Arps, Slate, Meagher & Flom. via PlacementTracker.
Quantum Fuel Systems Technologies Worldwide, Inc. (QTWW) announced that it has raised $14,452,500 in a CMPO/Overnight transaction. The common stock was sold at $7.05 per share, an approximate 12% discount to the market price $7.99 of QTWW at deal announcement. Craig-Hallum Capital Group acted as Sole Book-Runner and Ascendiant Capital Markets acted as Financial Advisor on the transaction. Underwriter counsel was Faegre & Benson and issuer counsel was Kenneth R. Lombardo,Troutman Sanders. The transaction is expected to close by 02/20/2014.
Enertopia Corporation (ENRT) announced that it has raised $1,723,000 in a Units (Common Stock + Warrants) transaction. The common stock was sold at $0.10 per share, an approximate 64% discount to the market price ($0.28) of ENRT at deal announcement. A series of 8,615,000 24-Month Warrants with an exercise price of $0.15 per share (45.45% discount) was issued to the investors in this transaction. Canaccord Genuity, Leede Financial Markets, and Wolverton Securities Limited acted as agents on the transaction. The Investors include officers of the Company and members of the board of directors.
