Growth Capitalist (https://growthcapitalist.com/tag/consumer/page/38/)
Camp Nine, Inc. (CMPE) announced that it has raised $2,002,386 in a Convertible Preferred Stock transaction. The fixed conversion price of the Convertible Preferred Stock is $0.60 per share. The transaction closed on May 14, 2014. via PlacementTracker.
Cosi, Inc. (COSI) announced that it has raised $5,000,000 in a Non-Convertible Senior Secured Promissory Notes transaction. The securities accrue interest at a rate of 9%. A series of 1,100,000 36-Month Warrants with an exercise price of $0.01 per share (99.16% discount) was issued to the investors in this transaction. The investor was Milfam II, L.P.. Investor counsel was Andrews Kurth LLP.
Vaporin, Inc. (VAPO) announced that it has raised $2,400,000 in a Common Stock transaction. Chardan Capital Markets acted as the exclusive agent on the transaction. The transaction closed on April 01, 2014. via PlacementTracker.
Boldface Group Inc. (BLBK) announced that it has raised $1,000,000 in a Convertible Senior Secured Debentures transaction. The fixed conversion price of the Convertible Senior Secured Debentures is $0.03 per share, an approximate 205.26% premium to the market price ($0.01) of BLBK at deal announcement. A series of 34,586,823 60-Month Warrants with an exercise price of $0.04 per share (268.42% premium) was issued to the investor in this transaction. The investor was Hillair Capital Investment. Issuer counsel was Gottbetter & Partners and investor counsel was Ellenoff Grossman & Schole.
