IsoRay Raises $15M in RDO at 21% Discount via Maxim Group

IsoRay, Inc. (ISR) announced that it has raised $14,675,180 in a Registered Direct transaction. The common stock was sold at $2.60 per share, an approximate 21% discount to the market price ($3.30) of ISR at deal announcement. Maxim Group LLC acted as the exclusive agent on the transaction. Placement Agent counsel was Ellenoff Grossman & Schole LLP and issuer counsel was Keller Rohrback, PLC. The transaction closed on March 21, 2014.

GenVec Raises $9M in RDO at 7% Discount via Roth Capital, H.C. Wainwright

GenVec, Inc. (GNVC) announced that it has raised $9,040,500 in a Registered Direct transaction. The common stock was sold at $3.15 per share, an approximate 7% discount to the market price ($3.37) of GNVC at deal announcement. Roth Capital Partners and H.C. Wainwright & Co. acted as agents on the transaction. The transaction is expected to close on March 18, 2014.