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SUBSEQUENT EVENT
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6 Months Ended | |
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Jun. 30, 2014
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NOTE 8 – SUBSEQUENT EVENT
On July 11, 2014, the Company entered into a Placement Agent Agreement with Roth Capital Partners, LLC relating to the sale of 657,000 shares of its common stock in a registered direct public offering at a price of $11.90 per share. The registered direct offering closed on July 16, 2014 and the Company received net proceeds of approximately $7.2 million, after deducting placement agent fees and offering expenses of approximately $0.6 million. |
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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