Deals

Bitcoin Shop Closes $1.8M APO

By |

Bitcoin Shop, Inc. (TUCND) announced that it has raised $1,875,000 in a Convertible Preferred Stock transaction. The fixed conversion price of the Convertible Preferred Stock is $0.50 per share. The transaction closed on February 06, 2014. Note that concurrently with this Placement, the Company completed a reverse merger with BitcoinShop.us, LLC. Because trading in this stock was inactive on the Closing date, PlacementTracker will not track Post Deal Stock Performance of this transaction.

Deals

Netlist Closes $9.8M CMPO at 16% Discount via Craig-Hallum

By |

Netlist, Inc. (NLST) announced that it has raised $9,813,050 in a CMPO/Overnight transaction. The common stock was sold at $1.30 per share, an approximate 16% discount to the market price ($1.55) of NLST at deal announcement. Warrants were not disclosed. Craig-Hallum Capital Group LLC acted as the sole Underwriter on the transaction. Underwriter counsel was Faegre Baker Daniels LLP and issuer counsel was Morrison & Foerster, LLP.

Deals

ORBCOMM Closes $39M CMPO at 9% Discount via Raymond James, Cannaccord, Craig-Hallum

By |

ORBCOMM, Inc. (ORBC) announced that it has raised $38,898,750 in a CMPO/Overnight transaction. The common stock was sold at $6.15 per share, an approximate 9% discount to the market price ($6.78) of ORBC at deal announcement. Raymond James & Associates acted as Sole Book-Runner with Canaccord Genuity and Craig-Hallum Capital Group acting as Co-Managers on the transaction. Underwriter counsel was Morrison & Foerster and issuer counsel was Chadbourne & Parke. The transaction closed on January 23, 2014.

Deals

Uranium Resources Raises $10.3M in RDO at 24% Discount via Roth, Cowen

By |

Uranium Resources, Inc. (URRE) announced that it has raised $10,296,000 in a Registered Direct transaction. The common stock was sold at $2.60 per share, an approximate 24% discount to the market price ($3.44) of URRE at deal announcement. Roth Capital Partners and Cowen and Company acted as agents on the transaction. Note this Placement is subject to customary closing conditions and is expected to close by 02/12/2014. via PlacementTracker.