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New York, NY — Thursday, November 05, 2009
GC China Turbine Corp. (OTCBB: GCHT) (the "Company" or "GC China") is pleased to announce that pursuant to the previously announced Share Exchange Agreement the company is now the 100% owner of GC Nordic Group and has become a leading manufacturer of state-of-the-art 2-bladed wind turbines based in China.
The consummation of the share exchange transaction was contingent on a minimum equity financing of US$ 8,000,000. Clarus Capital Limited acted as lead placement agent assisting notable clean energy advocates Longboard Capital Advisors LLC in their participation as lead investors together with the support of Southridge Investment Group LLC's clean energy practice and network of renewable energy Investors across the USA and Northern Europe as well as the welcome efforts of many other qualified co-investors.
Roseville, Calif. — September 23, 2009
Solar Power, Inc. (“SPI”) (OTCBB: SOPW)
announced today that it has entered into definitive agreements with institutional and accredited investors with respect to a private placement with gross proceeds of approximately $12,000,000 before payment of placement agent commissions and offering expenses.
“The Company intends to use the net proceeds from this financing for general corporate purposes, including working capital” Stephen Kircher, Chief Executive Officer of Solar Power, Inc. stated.
“Our pipeline of opportunities has grown significantly in all of our vertical sales channels. This additional equity will allow us to capitalize on these opportunities and continue our business growth.”
SANTA MONICA, CA — September 2009
Global Gaming, Inc. (formerly Global Gaming League) has secured a $ 1.75M private placement, in which Security Research Associates acted as Sole Placement Agent.
GGL is a videogaming social network that uniquely enables gamers to aggregate and manage game play, competitions, community and content.
The Company helps fill a current void in the videogaming space by giving gamers a simple, central place to manage their gaming activities.
PORTLAND, OR — September 22
Naturally Advanced Technologies Inc. (OTCBB: NADVF, TSXV: NAT) closed a non-brokered private placement as of September 21st consisting of 833,060 Units of the Company, at a subscription price of CDN$1.20 (USD$1.10) per Unit, and for gross proceeds of CDN$999,672 (USD$916,366).
"We expect the combination of the USD$916,366 private placement and our recently announced strategic and manufacturing partnerships to enable us to bring our Crailar(R) technologies to commercialization in the coming months," said Ken Barker, CEO of Naturally Advanced Technologies Inc. "We are moving forward with our relationships with industry-leading companies such as Hanesbrands Inc. and anticipate the first revenue from our Crailar Organic Fibers technology to occur in the fourth quarter of this year."
Newark, CA — May 20, 2009
Socket Mobile, Inc. (NASDAQ: SCKT www.socketmobile.com) today announced it has entered into a definitive agreement to complete a common stock private placement of approximately $1,052,215. The proceeds will be used to increase the Company’s working capital balances. Net proceeds from the financing after placement agent costs and expenses are expected to be approximately $999,604.
Security Research Associates acted as placement agent in connection with the offering.
Lee, MA — March 16, 2009
Wave Systems Corp. (NASDAQ:WAVX www.wave.com), a leading developer of trusted computing solutions and services, announced that it is selling to investors 785,000 shares of its Class A common stock at a price of $0.55 per share, yielding gross proceeds of $431,750. Investors in the offering will also receive three-year warrants to purchase an aggregate of 392,500 shares of Wave’s Class A Common Stock for $0.55 per share. The net proceeds of the financing will be used to fund Wave’s ongoing operations.
Security Research Associates acted as placement agent in connection with the offering.
Lee, MA — April 9, 2009
Wave Systems Corp. (NASDAQ:WAVX www.wave.com), a leading developer of trusted computing solutions and services, announced that it is selling to investors 1,881,136 shares of its Class A common stock at a price of $0.55 per share, yielding gross proceeds of $1,034,625. Investors in the offering will also receive three-year warrants to purchase an aggregate of 940,568 shares of Wave’s Class A common stock for $0.55 per share. The net proceeds of the financing will be used to fund Wave’s ongoing operations.
Security Research Associates acted as placement agent in connection with the offering.
TUSTIN, Calif., January 30, 2009
AMDL, Inc. (NYSE Alternext US: ADL - News), a vertically integrated pharmaceutical company with major operations in China and the US, announced today the second and final closing of its offering of “units” consisting of 12% senior notes and warrants. The exclusive placement agent for the offering is Cantone Research, Inc.
In the second and final closing, Cantone Research, Inc., the placement agent received, cash commissions of $68,000, representing 10% of the principal amount of the notes purchased and $27,900 in non-accountable expenses, and five year warrants to purchase a total of 54,400 shares of common stock, of which warrants to purchase 7,480 shares were assigned to Galileo Asset Management, S.A. and warrants to purchase 2000 shares were assigned to Security Research Associates, Inc. for their services in the final closing of the offering.
Mr. Douglas MacLellan, President and CEO of AMDL, Inc., said “This financing strengthens our cash position as we launch our new sales initiatives during first quarter 2009. We are continually looking at other opportunities to strengthen AMDL’s working capital reserves for 2009.”
Lee, MA – December 26, 2008
Wave Systems Corp. (NASDAQ:WAVX www.wave.com), a leading developer of trusted computing solutions and services, announced that it is selling to investors a total of 456 shares of newly designated 8% Series K Convertible Preferred Stock at a price of $2,800 per share, yielding gross proceeds in the amount of $1,276,800.
Security Research Associates acted as placement agent in connection with the offering.
Lee, MA – October 31, 2008
Wave Systems Corp. (NASDAQ:WAVX www.wave.com), a leading developer of trusted computing solutions and services, announced that it is selling to investors a total of 111 shares of Series J Convertible Preferred Stock at a price of $6,500 per share, yielding gross proceeds in the amount of $721,500.
Security Research Associates acted as placement agent in connection with the offering.
Lee, MA – September 12, 2008
Wave Systems Corp. (NASDAQ:WAVX www.wave.com), a leading developer of trusted computing solutions and services, announced that it is selling to investors 172 shares of newly designated 8% Series I Convertible Preferred Stock at a price of $4,400 per share, yielding gross proceeds in the amount of $756,800. The net proceeds of the financing will be used to fund Wave’s ongoing operations.
Security Research Associates acted as placement agent in connection with the offering.
Lee, MA – August 11, 2008
Wave Systems Corp. (NASDAQ:WAVX www.wave.com), a leading developer of trusted computing solutions and services, announced that it is selling to investors 1,368,333 shares of its Class A common stock at a price of $0.60 per share, yielding gross proceeds of approximately $821,000. Investors in the offering will also receive three-year warrants to purchase an aggregate of 342,083 shares of Wave’s Class A Common Stock for $0.65 per share. The net proceeds of the financing will be used to fund Wave’s ongoing operations.
Security Research Associates acted as placement agent in connection with the offering.
LEE, Mass.- July 1, 2008
Wave Systems Corp. (NASDAQ: WAVX – www.wave.com), a leading developer of trusted computing solutions and services, announced that it is selling to investors 1,880,500 shares of its Class A common stock at a price of $0.85 per share, yielding gross proceeds of approximately $1.6 million.
Investors in the offering will also receive three-year warrants to purchase an aggregate of 470,125 shares of Wave’s Class A Common Stock for $0.90 per share.
The net proceeds of the financing, approximately $1.5 million, will be used to fund Wave’s ongoing operations.
Security Research Associates acted as placement agent in connection with the offering.
LEE, Mass.- May 23, 2008
Wave Systems Corp. (NASDAQ: WAVX – www.wave.com), a leading developer of trusted computing solutions and services, announced that it is selling to investors 2,151,250 shares of its Class A common stock at a price of $0.80 per share, yielding gross proceeds of approximately $1.7 million. Investors will also receive three-year warrants to purchase an aggregate of 537,812 shares of Wave’s Class A Common Stock for $0.85 per share.
The net proceeds of the financing, approximately $1.6 million, will be used to fund Wave’s ongoing operations.
Security Research Associates acted as placement agent in connection with the offering.
ALBUQUERQUE, NM - April 15, 2008
Novint Technologies, Inc. (NASDAQ: NVNT - www.novint.com), the pioneer of 3D touch for consumer computing, closed its bridge note financing, whereby Novint entered into subscription agreements with 39 accredited investors for the sale of $3,750,000 of its 7% unsecured convertible notes and warrants - for an aggregate purchase price of $3,750,000.
The net proceeds received by the company from the sale of these securities will be used for working capital and general corporate purposes.
LEE, MA - MARCH 3, 2008
Wave Systems Corp. (NASDAQ: WAVX – www.wave.com), a leading developer of trusted computing solutions and services, announced that it has agreed to sell 3,173,500 shares of its Class A common stock at a price of $1.10 per share, yielding gross proceeds of approximately $3.5 million. Investors in the private placement will also receive five-year warrants to purchase an aggregate of 952,050 shares of Wave’s Class A Common Stock for $1.15 per share. The net proceeds of the financing, approximately $3.3 million, will be used to fund Wave’s ongoing operations.
LOS ANGELES, CA - NOVEMBER 7, 2007
uWink, Inc. (OTCBB: UWKI - www.uwink.com), a developer of digital media entertainment software and an interactive restaurant concept, announced today that it has completed a $10.4 million registered equity financing. The proceeds of the raise will be used to fund new restaurant development and general working capital needs.
WALL, NJ - OCTOBER 12, 2007
Velocity Asset Management, Inc. (AMEX: JVI - www.velocitycollect.com), which purchases delinquent consumer receivables and uses an outsourced litigation model to collect them, announced today it has completed the second and final tranche of its private placement.
In aggregate, the private placement totaled 862,500 restricted shares of Common Stock at a price of $2.00 per share, yielding net proceeds of approximately $1,596,500, including $375,000 from the second tranche.
ALBUQUERQUE, NM - JULY 18, 2007
Novint Technologies, Inc. (NVNT), (www.novint.com), the pioneer of 3D touch for consumer computing, announces the acquisition of Tournabout Incorporated, which develops and markets video game contest and community infrastructure software.
The acquisition will add significant new features to Novint's products and website. The integration of Tournabout's applications enables Novint's customers to develop online personas, participate in community message boards and chat rooms, post high scores, and join multiplayer games and online tournaments.
WOBURN, MA - JUNE 29, 2007
Bridgeline Software, Inc. (www.bridge-line.com), a developer of Internet Content Management, Commerce and eMarketing solutions and services, announced a $15 Million Initial Public Offering. Security Research Associates acted as Co-Manager.
LEE, MA - MAY 25, 2007
Wave Systems Corp. (NASDAQ:WAVX - www.wave.com), a developer of trusted computing solutions and services, announced the following via an 8-K filing, detailing a Common Stock Shelf Offering valued at $15 Million. Security Research Associates acted as Sole Placement Agent.
MARIETTA, GA - MARCH 2, 2007
Information Intellect, Inc. and Shea Development Corp. announce merger and completion of a $2.8 Million Series A Convertible Preferred Stock offering.
Security Research Associates acted as Placement Agent.
LOS ANGELES, CA - APRIL 2, 2007
uWink, Inc. (OTC BB: UWNK - News), a publicly-held digital entertainment company, today released the following announcement:
On April 2, 2007, we completed the sale of $857,000 of convertible promissory notes to 19 accredited individual investors. The notes have a six month term, accrue interest at 10% and are secured by the assets of the Company.
The notes are convertible, at the option of the holder, into the same securities issued by the Company in (and on the same terms and conditions pari passu with the investors in) any offering of its securities that results in gross proceeds to the Company of at least $3,000,000.
ALBUQUERQUE, NM - MARCH 6, 2007
Novint Technologies, Inc. (OTCBB:NVNT - News), which develops, markets, and licenses technology that adds realistic virtual touch to computing, announced today that it has completed a $9 million capital raise led by institutional investors. Proceeds will be used to take Novint's products to market.
SAN JOSE, CA - DECEMBER. 20, 2006
LogicVision, Inc. (Nasdaq: LGVN - www.logicvision.com), a leading provider of silicon test and yield learning solutions, today announced that it has completed a private placement of approximately 4,000,000 shares of its common stock, resulting in gross proceeds to the company of approximately $3.2 million.
DETROIT, MI - DECEMBER 14, 2006
United American Healthcare Corporation (Nasdaq: UAHC - www.uahc.com), a pioneer in healthcare services for Medicaid recipients, today announced that it has raised gross proceeds of $6.50 million through the sale of 1,000,000 newly issued shares of its common stock to certain institutional and other accredited investors at a price of $6.50 per share. The investors also received warrants to purchase 100,000 shares of the Company's common stock at an exercise price of $8.50 per share and expiring in December 2011.
LEE, MA - OCTOBER 31, 2006
Wave Systems Corp. (NASDAQ: WAVX – www.wave.com), a developer of trusted computing solutions and services, announced that on Monday, October 30, 2006, it agreed to sell 3,517,230 shares of its Class A common stock at a price of $2.73 per share - the closing price on Friday, October 27th, - for gross proceeds of $9,602,038. The net proceeds of the financing, approximately $9.1 million, will be used to fund Wave's ongoing operations.
LEE, MA - AUGUST 7, 2006
Wave Systems Corp. (NASDAQ: WAVX – www.wave.com), a developer of trusted computing solutions and services, announced that on Friday, August 4, 2006, it agreed to sell 2,336,752 shares of its Class A common stock at a price of $2.05 per share for gross proceeds of $4,790,342. The net proceeds of the financing - approximately $4.5 million - will be used to fund Wave's ongoing operations.
LEE, MA - MAY 4, 2006
Wave Systems Corp. (NASDAQ: WAVX – www.wave.com), a developer of trusted computing solutions and services, announced that it has agreed to sell 6,037,500 shares of its Class A common stock at a price of $0.80 per share for gross proceeds of $4,830,000.
PLANO, TX - APRIL 28, 2005
Energy & Engine Technology Corp. (NASDAQ: EENT- www.eent.net) announced their $2,000,000 finance package.
BERKELEY, CA - FEBRUARY 1, 2005
XOMA Ltd. prices private offering of Convertible Senior Notes.
Security Research Associates, Inc. acted as a consultant to the company.
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