Private placement agent

Tauriga Sciences Inc. Fully Repays its $135,000 Inventory Factoring Credit Facility, Entered Into on October 6, 2020

Retrieved on: 
Friday, September 3, 2021
Private Securities Litigation Reform Act, Acquisition, Private placement agent, Private, U.S. Securities and Exchange Commission, THC, AND, Patent, CBG, Press release, Pharmaceutical Development and Technology, Security (finance), OTCQB, Forward-looking statement, Patient, Company, Broker-dealer, Medication, Master service agreement, CBD, DELTA, Wappingers Falls, New York, GLOBE, NEW, Caffeine, Bank

NEW YORK, NY, Sept. 03, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Tauriga Sciences, Inc. (OTCQB: TAUG) (“Tauriga” or the “Company”), a New York based diversified Life Sciences Company, today announced that it has fully repaid and retired its $135,000 Non-Convertible inventory factoring credit facility (the “Facility”), entered into with an institutional investor, on October 6, 2020.  The Company repaid this Facility entirely in cash: for 5 equal installment payments of $21,214.29 and a final installment of $42,428.58.  Due to the Company’s improved retail business, it decided to retire this Facility a month early.            This $135,000 in factoring capital was structured as a non-convertible promissory note (interest bearing: 10.00% per annum), with a built in 6-month grace period.  Repayment of this loan, contractually, was to occur in 7 equal monthly payments of $21,214.29 (Repayment Period: April 5, 2021 thru October 5, 2021).

Key Points: 
  • Link to Press Release from October 6, 2020
    The Broker Dealer, Moody Capital, acted as the Placement Agent for this transaction.
  • Please visit our corporate website, for additional information, as well as inquiries, athttp://www.tauriga.com
    Complementary to the Companys retail business, is its ongoing Pharmaceutical Development initiative.
  • Provisional Patent Application (filed on March 17, 2020) into a U.S. Non-Provisional Patent Application.The Patent, filed with the U.S.P.T.O.
  • On December 18, 2020 the Company disclosed that it had entered into a Master Services Agreement with CSTI to lead the Company's clinical development efforts.

International Land Alliance Announces Closing of $2.0 Million Private Placement

Retrieved on: 
Thursday, July 29, 2021
Finance, Geography of California, Money, OTC Markets Group, Ila, Private placement agent, San Diego

SAN DIEGO, CALIFORNIA, July 29, 2021 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB: ILAL), (ILA or the Company), an international land investment and development firm, today announced the closing of its previously announced private placement with a single institutional investor for the purchase of 3,000,000 shares of its common stock at a purchase price per share of $0.68.

Key Points: 
  • SAN DIEGO, CALIFORNIA, July 29, 2021 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB: ILAL), (ILA or the Company), an international land investment and development firm, today announced the closing of its previously announced private placement with a single institutional investor for the purchase of 3,000,000 shares of its common stock at a purchase price per share of $0.68.
  • The gross proceeds to ILA, before deducting placement agent fees and other offering expenses, were approximately $2.0 million.
  • International Land Alliance, Inc. (OTCQB:ILAL) is an international land investment and development firm based in San Diego, California.
  • Such statements include those relating to the use of net proceeds from the private placement, and our ability to execute on our business plan.

International Land Alliance Announces $2.0 Million Private Placement

Retrieved on: 
Tuesday, July 27, 2021
Finance, Money, Economy, Private equity, Private placement agent, Venture capital, OTC Markets Group, Ila, Private placement

SAN DIEGO, CALIFORNIA, July 27, 2021 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB: ILAL), (ILA or the Company), an international land investment and development firm, today announced that it has entered into a definitive agreement with a single institutional investor for the purchase of 3,000,000 shares of its common stock at a purchase price per share of $0.68, in a private placement.

Key Points: 
  • SAN DIEGO, CALIFORNIA, July 27, 2021 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB: ILAL), (ILA or the Company), an international land investment and development firm, today announced that it has entered into a definitive agreement with a single institutional investor for the purchase of 3,000,000 shares of its common stock at a purchase price per share of $0.68, in a private placement.
  • The gross proceeds to ILA, before deducting placement agent fees and other offering expenses, are expected to be approximately $2.0 million.
  • International Land Alliance, Inc. (OTCQB:ILAL) is an international land investment and development firm based in San Diego, California.
  • Such statements include those relating to the private placement, including closing of the private placement and the use of net proceeds from the private placement, and our ability to execute on our business plan.

Five Elms Closes $780 Million Growth Equity Fund V

Retrieved on: 
Thursday, July 22, 2021
Finance, Money, Investment, Venture capital, Private equity, Evercore, Private placement agent

KANSAS CITY, Mo., July 22, 2021 /PRNewswire/ -- Five Elms Capital, a leading global growth private equity firm 100% focused on investing in world class B2B software, today announced the closing of Five Elms V with $780 million in capital commitments.

Key Points: 
  • KANSAS CITY, Mo., July 22, 2021 /PRNewswire/ -- Five Elms Capital, a leading global growth private equity firm 100% focused on investing in world class B2B software, today announced the closing of Five Elms V with $780 million in capital commitments.
  • Five Elms V will target equity investments between $5 and $75 million.The new fund received strong support from a diverse global base of new and existing institutional investors, bringing Five Elms' total assets under management to more than $1.5 billion.
  • Evercore Private Funds Group acted as exclusive global placement agent for Five Elms V and Foley & Lardner LLP acted as fund formation counsel.
  • Five Elms provides capital and resources to help companies accelerate growth and further cement their role as industry leaders.

Five Elms Closes $780 Million Growth Equity Fund V

Retrieved on: 
Thursday, July 22, 2021
Finance, Money, Investment, Venture capital, Private equity, Evercore, Private placement agent

KANSAS CITY, Mo., July 22, 2021 /PRNewswire/ -- Five Elms Capital, a leading global growth private equity firm 100% focused on investing in world class B2B software, today announced the closing of Five Elms V with $780 million in capital commitments.

Key Points: 
  • KANSAS CITY, Mo., July 22, 2021 /PRNewswire/ -- Five Elms Capital, a leading global growth private equity firm 100% focused on investing in world class B2B software, today announced the closing of Five Elms V with $780 million in capital commitments.
  • Five Elms V will target equity investments between $5 and $75 million.The new fund received strong support from a diverse global base of new and existing institutional investors, bringing Five Elms' total assets under management to more than $1.5 billion.
  • Evercore Private Funds Group acted as exclusive global placement agent for Five Elms V and Foley & Lardner LLP acted as fund formation counsel.
  • Five Elms provides capital and resources to help companies accelerate growth and further cement their role as industry leaders.

MMEX Resources Corp. Announces Closing of $3.0 Million Registered Direct Offering

Retrieved on: 
Tuesday, July 20, 2021
Finance, Money, Economy, Private equity, Corporate taxation, NET, Private placement agent, S corporation

FORT STOCKTON, TEXAS, July 20, 2021 (GLOBE NEWSWIRE) -- MMEX Resources Corp. (OTCPK: MMEX), a development-stage company a development-stage company focusing on planned hydrogen and ultra-low sulfur fuel projects with carbon capture, today announced that it has closed its previously announced registered direct offering with a single institutional investor of 3,750,000 shares of its common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 2,575,500 shares of its common stock, at an effective purchase price of $0.80 per share and associated warrant.

Key Points: 
  • The gross proceeds from this offering were $3.0 million, before deducting placement agents fees and other offering expenses.
  • MMEX intends to use the net proceeds from the offering for general corporate and working capital purposes, including retirement of a portion of its outstanding indebtedness.
  • MMEX Resources Corporation (MMEX) is a development stage company formed to engage in energy industry infrastructure projects.
  • In particular, readers should note MMEX undertakes no obligation to update forward-looking statements, except as required by law.

BIT Mining Announces Closing of US$50.0 Million Private Placement

Retrieved on: 
Friday, July 16, 2021
Finance, Money, Economy, Private equity, Cryptocurrency, Decentralization, Financial technology, Uberisation, Private placement agent, Placement, Private placement

The private placement resulted in gross proceeds to the Company of $50.0 million before the deduction of placement agent fees and expenses and offering expenses payable by the Company.

Key Points: 
  • The private placement resulted in gross proceeds to the Company of $50.0 million before the deduction of placement agent fees and expenses and offering expenses payable by the Company.
  • The Company intends to use the net proceeds of the private placement to acquire additional mining machines, build new data centers overseas, expand its infrastructure, and improve its working capital position.
  • In connection with the private placement, the Company and the Investors entered into a registration rights agreement.
  • BIT Mining (NYSE: BTCM) is a leading cryptocurrency mining company, with a long-term strategy to create value across the cryptocurrency industry.

MMEX Resources Corp. Announces $3.0 Million Registered Direct Offering

Retrieved on: 
Friday, July 16, 2021
Finance, Money, Economy, Corporate taxation, NET, Private placement agent

The gross proceeds from this offering are expected to be $3.0 million, before deducting placement agents fees and other offering expenses.

Key Points: 
  • The gross proceeds from this offering are expected to be $3.0 million, before deducting placement agents fees and other offering expenses.
  • MMEX intends to use the net proceeds from the offering for general corporate and working capital purposes, including retirement of a portion of its outstanding indebtedness.
  • MMEX Resources Corporation (MMEX) is a development stage company formed to engage in energy industry infrastructure projects.
  • In particular, readers should note MMEX undertakes no obligation to update forward-looking statements, except as required by law.

Takung Art Co., Ltd Announces Closing of $5.0 Million Private Placement

Retrieved on: 
Tuesday, July 13, 2021
Private equity, Private placement agent, Venture capital, Private placement

HONG KONG, CHINA , July 13, 2021 (GLOBE NEWSWIRE) -- Takung Art Co., Ltd (NYSE American: TKAT) (Takung TKAT or the Company), an operator of three online fine art and collectibles platforms, today announced the closing of its previously announced private placement of 571,429 shares of Common Stock at a purchase price of $8.75 per share.

Key Points: 
  • HONG KONG, CHINA , July 13, 2021 (GLOBE NEWSWIRE) -- Takung Art Co., Ltd (NYSE American: TKAT) (Takung TKAT or the Company), an operator of three online fine art and collectibles platforms, today announced the closing of its previously announced private placement of 571,429 shares of Common Stock at a purchase price of $8.75 per share.
  • Gross proceeds were approximately $5 million, before deducting placement agent fees and other offering expenses.
  • The Company currently intends to use the net proceeds from this offering for general corporate purposes and working capital.
  • Maxim Group LLC acted as the sole placement agent for the transaction.

Silver Bull Announces Closing of a Private Placement for Proceeds of C$500,000 and Change of Transfer Agent

Retrieved on: 
Monday, June 28, 2021
Private equity, Private placement agent, Venture capital, Trust law, Stock transfer agent

No placement agent or finders fees were paid in connection with the Private Placement, and the net proceeds of the Private Placement will be used by Silver Bull for general working capital purposes.

Key Points: 
  • No placement agent or finders fees were paid in connection with the Private Placement, and the net proceeds of the Private Placement will be used by Silver Bull for general working capital purposes.
  • The Company also announces that Olympia Trust Company has replaced Equiniti Trust Company and TSX Trust Company as the registrar and transfer agent of the Company.
  • Shareholders need not take action in respect of the change in transfer agent.
  • Forward-looking statements in this news release include, among others, statements regarding the expected use of proceeds from the Private Placement.