OTC BB: PVCT), a development-stage oncology and dermatology biopharmaceutical company, announced today that it entered into a securities purchase agreement with investors pursuant to which the Company agreed to sell in a registered direct public offering
(the "Offering") an aggregate of 5,454,550 shares of its common stock and warrants to purchase a total of 7,527,279 shares of its common stock to such investors for aggregate gross proceeds, before deducting estimated offering expenses payable by the Company, of approximately $5.
2 million in net proceeds generated from the Company's August 2009 registered direct public offering
the Direct Public Offering
(DPO) process and pay ValueRich for the use of our technology platform and access to our database of financial related professionals to help fund the issuing company's deal.
PCMC provides solutions to clients at various stages of the business lifecycle, including: educational products to improve business processes or explore entering the capital markets, consulting to early-stage companies planning for growth, management consulting services to companies seeking to enter the public capital markets via self-underwriting or direct public offering
or move from one capital market to another; and regulatory compliance services to fully reporting, publicly traded companies.
The increase over previous guidance for cash at year end 2007 is due to the October 2007 registered direct public offering
in which CombinatoRx raised approximately $33.
Completes Direct Public Offering
of Common Shares in Rarely Used Financing Technique -
This piece evaluates going public on London's AIM (Alternative Investment Market), acquiring a corporate shell (a company listed on a public exchange but no longer operates a business or has any assets), issuing private stock through investment in public equity, and raising money through a direct public offering
Yet, most private companies are completely unaware they can easily accomplish all of these objectives by going public through the Direct Public Offering
process in which we specialize," stated Joel Arberman, Managing Member of Public Financial Services, LLC.
Shuman, who is an economist, attorney, and entrepreneur, demystifies the growing realm of local investment choices--from institutional lending to investment clubs and networks, local investment funds, community ownership, direct public offerings
, local stock exchanges, crowd-funding, and more.
Since the mid-1990s, there has been an increase in the use of direct public offerings
(DPOs), which eschew the investment bank/IPO model and offer shares via the Internet directly to the person on the street.
Hoover's also offers a detailed table of contents and ordering information for GOING PUBLIC: Everything You Need to Know to Take Your Company Public, Including Internet Direct Public Offerings
by James B.
said last week it will begin developing Web sites for companies that want to raise capital through direct public offerings