Deals

Respect Your Universe Raises $3M at 27% Premium

By |

Respect Your Universe, Inc. (RYUN) announced that it has raised $3,160,000 in a Units (Common Stock + Warrants) transaction. The common stock was sold at $0.10 per share, an approximate 27% premium to the market price ($0.08) of RYUN at deal announcement. A series of 31,600,000 36-Month Warrants with an exercise price of $0.25 per share (217.26% premium) was issued to the investors in this transaction. Issuer counsel was Clark Wilson. via PlacementTracker.

Deals

Stonemor Partners Raises $55M at Market from Strategic Investor

By |

Stonemor Partners LP (STON) announced that it has raised $54,999,988 in a Common Stock transaction. The common stock was sold at $24.38 per share, an approximate 0% premium to the market price ($24.30) of STON at deal announcement. The investor was American Cemeteries Infrastructure Investors. The transaction closed on May 21, 2014. via PlacementTracker.

Deals

CN Resources Raises $6M at 29% Discount from Insiders

By |

CN Resources Inc. (CNRR) announced that it has raised $6,000,000 in a Common Stock transaction. The common stock was sold at $0.20 per share, an approximate 29% discount to the market price ($0.28) of CNRR at deal announcement. The investors were Shanghai Yuankai Group Company Limited and 1547698 Ontario Limited. The transaction closed on May 28, 2014. Both purchasers are controlled, directly or indirectly, by insiders of the Company.

Deals

StoneMor Partners Closes $61.5M CMPO near Market via Raymond James, Barclays

By |

StoneMor Partners L.P. (STON) announced that it has raised $61,542,000 in a CMPO/Overnight transaction. The common stock was sold at $23.67 per share, an approximate 4% discount to the market price ($24.53) of STON at deal announcement. Warrants were not disclosed. Raymond James & Associates Inc. and Barclays Capital, Inc. acted as Joint Book-Runners and Janney Montgomery Scott, Inc. and BB&T Capital Markets acted as Co-Managers on the transaction. Underwriter counsel was Andrews Kurth LLP and issuer counsel was Vinson & Elkins, LLP.