Funding and Investment
Free News Articles Category: Funding and Investment Industry News Articles
Bank of Southern California Completes $7 Million Capital Offering and Announces New Board of Directors
SAN DIEGO, Calif. — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that it has completed a capital raise of $7 million through a stock purchase agreement of the Bank’s common stock with Castle Creek Capital, based in Rancho Santa Fe, California….
Maxwell Financial Labs Announces $1.95M in Funding to Reinvent Mortgage Experience
DENVER, Colo. — Maxwell Financial Labs, Inc. announced today it had secured $1.95M in funding, with anchor investors MATH Venture Partners, Techstars Ventures, Zelkova Ventures and Sovereign’s Capital. The funding follows on the heels of Maxwell’s commercial launch on August 16, 2016….
RMA’s Kim Briesemeister Featured in IDA’s Top Issues Council Report
POMPANO BEACH, Fla. — The International Downtown Association recently released their first six Top Issues Council reports, which feature industry leaders who produced in-depth research briefs on top urban issues. Kim Briesemeister, principal of Redevelopment Management Associates, served on the Public-Private Partnerships Council….
Utelogy Corporation Successfully Completes Series A Private Equity Offering
LOS ANGELES, Calif. — Utelogy Corporation, creator of enterprise audio/visual control, management, services and analytics software for use in higher education and enterprises announced that it has successfully closed a fully-subscribed, private equity offering with a small group of private Accredited Investors at an undisclosed value. Funds from this offering will support the company’s current growth trajectory including software developers and additional support staff….
Bank of Southern California N.A. Announces $7 Million Capital Offering
SAN DIEGO, Calif. — Bank of Southern California N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced today that it has signed a stock purchase agreement for a private placement of $7 million of the Bank’s common stock with Castle Creek Capital, based in Rancho Santa Fe, California. The transaction is anticipated to close in the fourth quarter, subject to regulatory approvals and other standard closing conditions….
UltraCap Creates Revolutionary Lightweight Car Battery
LONDON, U.K. — Scientists from London-based UltraCap Investment Ltd. are in the final stages of developing a “green” solid state battery for electric vehicles that they claim will be 40 times lighter than current Lithium-Ion batteries. UltraCap founders, Professor Vladimir Krstic and Nico Van Dongen, say their new battery, the UltraCapacitor, will be able to charge within minutes and that, eventually, a pocket-sized version of the battery will bring us one step closer to emission-free transportation….
/FRAUD/ An Easy to Use, New Product That Allows People to Put Their Kitchen Knives Anywhere for Easy Access
MINNEAPOLIS, Minn. — MAG Stickers, a new, innovative knife holder, was recently announced by Ez Fix. This is an easy to use, new product that allows people to store their knives anywhere for easy access. MAG Stickers(TM) use an incredible, magnetic vinyl, so when a person places the sticker on a kitchen cupboard, they can stick their knife right on the magnetic vinyl….
Sunshine Capital, Inc. Appoints Honson Luma as VP to Assist In Its Plan to Enter the Cryptocurrency Market
HOLLYWOOD, Fla. — Sunshine Capital, Inc. (Pink Sheets: SCNP / OTC:SCNP) today announces that it has appointed Honson Luma as Vice President of Sunshine Capital, Inc. and DIB Funding, Inc. to assist both companies’ entry in the cryptocurrency market….
Orange Leap Closes Convertible Debt Round to Fund Growth
freeNewsArticles Story Summary: Orange Leap, LLC today announced the closing of a convertible debt round, the proceeds of which will be used to further the growth of the company through the partner channel the company announced in May 2012. One of the new investors joining the investor group is Texas-based Affinity Angel Investment Fund I associated with the Baylor Angel Network….
World’s First Sand-Resistant Beach Towel Available for Order on Indiegogo
freeNewsArticles Story Summary: The world’s first ‘sand-resistant beach towel,’ the Sandusa, is now available for pre-order on popular crowd-funding website, Indiegogo. Australian creator of the towel, Baz Brown, says the crowd-funding site is a good launch pad for the innovative product to reach interested consumers around the globe….