Business Wire
Related Topics
Discussions
Info - For those still in favor of pre-emptive killing
(9 Messages)
******************************************************** ChemBio Weapons and WMD Terrorism News - July 7, 2004 ******************************************************** -------------------------------- CW - PREP/DEFENSE -------------------------------- 1A) "Kyrgyzstan Taking Steps Against Chemical Attack" Global Security Newswire July 7, 2004 "Kyrgyzstan is preparing to respond to possible chemical attacks, the Central Asian nation's public television reported yesterday.. The count ...
Sites
Tarpon Industries Completes $1.7 Million Private Placement MARYSVILLE, Mich.--(BUSINESS WIRE)--Tarpon Industries, Inc. (AMEX: TPO ), a manufacturer and distributor of engineered steel storage rack systems, and structural and mechanical steel tubing, today announced that through a private placement of units the company raised a total of $1.7 million consisting of three separate traunches closing on June 18, 2007, June 26, 2007, and July 2, 2007. Each unit consists of a note with a maturity date of December 17, 2007 at an interest rate of 12% per annum, together with one and one half common shares for each dollar of principle ...
James W. Bradshaw, CEO of Tarpon Industries, Inc., stated, “ In conjunction with our cost reduction program this offering is a very positive step toward building a more solid capital position to support the continuation of our operations. Management is committed to the long term success of the company and is pleased that investors have recognized the growth opportunities that lie ahead of the company. This capital offers us the flexibility to produce the quality products our customers have come to expect from us. Our ultimate goal remains operating profitability. ”
Emgold Mining Corporation - $10,000,000 Brokered Private Placement Stock News : Emgold Mining Corporation - $10,000,000 Brokered Private Placement Emgold Mining Corporation is announcing that it has entered into an agreement with M Partners Inc. to act as its exclusive lead agent in connection with a brokered private placement offering on a best efforts basis to raise gross proceeds of up to $10,000,000 through the offer and sale of units of the Company. The Company will issue up to 50 million units at a price of $0.20 per Unit. Each Unit will comprise one common share and one share purchase warrant. Each warrant ...
Lumera Announces Closing of $16950000 Private Placement Business The securities to be issued in the private placement have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or state securities laws and may not be offered or sold in the United States absent registration under such act and applicable state securities laws or an applicable exemption from those registration requirements. Lumera has agreed to register the shares of common stock sold as part of this transaction and issuable upon exercise of the warrants for resale under the Securities Act.
Certain statements contained in this release are forward-looking statements that involve a number of risks and uncertainties. Factors that could cause actual results to differ materially from those projected in the company's forward-looking statements include the following: market acceptance of our technologies and products; our ability to obtain financing; our financial and technical resources relative to those of our competitors; our ability to keep up with rapid technological change; government regulation of our technologies; our ability to enforce our intellectual property rights and protect our proprietary technologies; the ability to obtain ...
News
Brijot Imaging Systems Completes Private Placement Offering of $14 ORLANDO, Fla.--(BUSINESS WIRE)--Brijot Imaging Systems, Inc., an industry leader for passive millimeter wave object detection and people screening technology, announced today the completion of a private placement offering of its Series C Convertible Preferred Stock in the amount of $14 million. Brijot intends to use the proceeds from the placement to finance the continuing growth of the company. The investment was led by the Company ’ s majority shareholder, BIS Latin America Investments Co., a subsidiary of The Exxel Group.
Brijot Imaging Systems, Inc., with corporate and training offices in Orlando, Florida, designs, manufactures and sells an advance millimeter-wave object detection and people screening system known as “ BIS-WDS ® GEN 2. ” Brijot ’ s unsurpassed technology focuses on meeting security challenges in high threat environments. The company began full-scale manufacturing and distribution of units to customers across the globe in 2006.
g8wave Holdings, Inc. Completes Acquisition of g8wave, Inc. and BOSTON--(BUSINESS WIRE)--g8wave Holdings, Inc., formerly International Food and Wine Consultants, Inc. (the “ Company ” ), today announced that on August 13, 2007, it acquired all of the issued and outstanding capital stock of g8wave, Inc. in a reverse-merger transaction. In conjunction with the acquisition, the Company completed a private placement of 1,783,262 shares of its common stock and warrants to purchase 891,631 shares of its common stock, for total gross proceeds of $2,675,000. The combined company will operate under the name g8wave Holdings, Inc. and with the proceeds ...
Going forward, the Company intends to leverage its position to generate branded content, mobile advertising and promotions revenues and introduce additional value-added services for large social and branded communities and advertisers targeting mobile users. The Company intends to also continue to build its proprietary database of user preferences and profiles to offer customized mobile experiences.
Metro One Completes Second Phase of Private Placement Following PORTLAND, Ore.--(BUSINESS WIRE)--Metro One Telecommunications, Inc. (Nasdaq:INFO) today announced approval by its shareholders and the completion of the sale of an additional $7.8 million of Series A convertible preferred stock and warrants to purchase Series A convertible preferred stock. This is the second phase of a two-part $10 million financing with two of its largest shareholders, Columbia Ventures Corporation and Everest Special Situations Fund L.P. The Company plans to use the net proceeds for general corporate purposes.
The initial closing of the financing, which occurred on June 5, 2007, consisted of the sale of 220 shares of the preferred stock for $10,000 per share, for a total of $2.2 million in gross proceeds, and warrants to purchase an additional 77 shares of preferred stock for $10,000 per share (which, at the time of issuance, were exercisable only after approval by the Company ’ s shareholders). The preferred stock is convertible into shares of the Company ’ s common stock at an initial conversion price of $1.78 per share. In connection with the initial closing of the financing, the Company also issued ...
Active Power Closes $14 Million Private Placement of Common Stock AUSTIN, Texas--(BUSINESS WIRE)--Active Power, Inc. (NASDAQ:ACPW), inventor and manufacturer of the most energy-efficient critical power systems in the world, announced today it completed a private placement of approximately $14 million of common stock to institutional investors. The transaction involved the sale of 10,000,000 shares of common stock at a purchase price of approximately $1.40 per share. Active Power intends to use the net proceeds from the placement to grow the business in new and expanding markets and for working capital purposes. RBC Capital Markets acted as the exclusive placement agent for the offering.
Neither the offer nor sale of the shares of common stock sold to the investors has been registered under the Securities Act of 1933. Accordingly, these securities may not be offered or sold in the United States, except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act. Active Power has agreed to file a registration statement covering resale of the shares of common stock sold to the investors. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the common stock.
Blogs
Cereplast Raises $14.5 Million in New Equity Capital ( Business Wire ) HAWTHORNE, Calif.–(BUSINESS WIRE)–Cereplast, Inc. (OTCBB:CERP - News), manufacturer of proprietary bio-based renewable plastics, announced today that it has received $14.5 million in new capital through a private placement of common stock from a group of leading “green” institutional funds, including UBS Global Innovator Fund, Swisscanto Green Invest Fund, Fortis L Fund Equity Environmental Sustainability World, and Credit Suisse Future Energy Fund. Cereplast intends to use the proceeds from the private placement to make capital investments in equipment to expand manufacturing ...
Cereplast, Inc. (OTCBB:CERP - News) designs and manufactures proprietary bio-based, renewable plastics which are used as substitutes for petroleum-based plastics in all major converting processes — such as injection molding, thermoforming, blow molding and extrusions — at a pricing structure that is competitive with petroleum based plastics. Cereplast’s uniquely formulated resins are certified biodegradable and compostable by BPI (Biodegradable Products Institute). Learn more at www.cereplast.com.
EKR Therapeutics Raises Over $13 Million in a Series C Financing Round Print Email EKR Therapeutics Raises Over $13 Million in a Series C Financing Round 8/15/2007 CEDAR KNOLLS, N.J.--(BUSINESS WIRE)--EKR Therapeutics, Inc., a specialty pharmaceutical company focused on acquiring, developing, and commercializing proprietary therapeutics to enhance patient quality-of-life in the acute care setting, today announced that it successfully raised over $13 million through the private placement of Series C preferred shares. This financing round was led by Quaker BioVentures, a new investor in EKR. Quaker is a Philadelphia-based venture capital firm with approximately $500 million ...