Respect Your Universe Raises $3M at 27% Premium

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.

Cache, Inc. Closes $16M CMPO near Market via B. Riley

Cache, Inc. (CACH) announced that it has raised $16,100,000 in a CMPO/Overnight transaction. The common stock was sold at $1.75 per share, an approximate 4% discount to the market price ($1.82) of CACH at deal announcement. B. Riley & Co. acted as Underwriter on the transaction. Issuer counsel was Thompson & Hine, LLP.