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Provider: Reuters Investment Profile
$20.00
Provider: Wright Reports
$75.00

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RestorGenex Corp closes private placement


Tuesday, 15 Jul 2014 07:00am EDT 

RestorGenex Corp:Closed its private placement, which raised about $35.6 million in gross proceeds.RestorGenex received net proceeds of about $31.3 million, after deducting placement agent fees and other offering expenses.RestorGenex sold 8,895,685 shares of its common stock and warrants to purchase up to 2,668,706 additional shares of its common stock in a private placement to institutional and accredited investors.Each unit, consisting of one share of common stock and a warrant to purchase 0.3 of a share of common stock, was sold for a purchase price of $4.00.Each full warrant is exercisable immediately into one common share of common stock at an exercise price of $4.80 per share and will expire four years from its date of issuance. 

Company Quote

3.8
-0.1 -2.56%
28 Jul 2014