RestorGenex Corp. Raises $11M at 25% Discount via Maxim Group

RestorGenex Corporation (RESX) announced that it has raised $11,106,000 in a Common Stock transaction. The common stock was sold at $4.00 per share, an approximate 25% discount to the market price ($5.31) of RESX at deal announcement. A series of 832,950 48-Month Warrants with an exercise price of $4.80 per share (9.6% discount) was issued to the investors in this transaction. Maxim Group LLC acted as the exclusive agent on the transaction. Issuer counsel was TroyGould PC and investor counsel was Lowenstein Sandler, PC.