Deals

DHT Holdings Raises $227M in RDO at 11% Discount via RS Platou, DnB NOR

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DHT Holdings, Inc. (DHT) announced that it has raised $227,250,000 in a Registered Direct transaction. The common stock was sold at $7.50 per share, an approximate 11% discount to the market price ($8.41) of DHT at deal announcement. RS Platou Markets AS and DnB NOR Markets acted as agents on the transaction. Placement Agent counsel was Fried, Frank, Harris, Shriver & Jacobson and issuer counsel was Cravath, Swaine & Moore and Reeder & Simpson P.C. The transaction is expected to close by 02/05/2014. via PlacementTracker.

Deals

Virtual Piggy Raises $5M in Conv Preferred Priced near Market

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Virtual Piggy, Inc. (VPIG) announced that it has raised $5,045,000 in a Convertible Preferred Stock transaction. The fixed conversion price of the Convertible Preferred Stock is $1.00 per share, an approximate 2.91% discount to the market price ($1.03) of VPIG at deal announcement. A series of 5,045,000 24-Month Warrants with an exercise price of $1.00 per share (2.91% discount) was issued to the investors in this transaction. Issuer counsel was Fox Rothschild. The transaction closed on January 27, 2014.

Deals

Duane Street Corp. Raises $4M in APO via Gottbetter Capital, EDI Financial

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Duane Street Corporation (DUSR) announced that it has raised $4,074,065 in a Units Common Stock + Warrants transaction. The common stock was sold at $16.50 per share. A series of 246,913 60-Month Warrants with an exercise price of $33.00 per share was issued to the investors in this transaction. Gottbetter Capital Markets acted as the exclusive agent on the transaction with EDI Financial acting as Co-Agent and Intuitive Venture Partners acting as Financial Advisor. The transaction closed on January 28, 2014.