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Palladium Capital Advisors Completes $3,500,000 Raise for Biozone Pharmaceuticals (OTCBB:BZNE)

Oct. 31, 2013:

biozone tombstone

 

On October 25, 2013, Palladium Capital Advisors completed the sale of 3,500 shares of Series A Preferred Stock (“Series A”) of Biozone Pharmaceuticals, Inc. (the “Company”) in a private placement offering to 22 accredited investors for total gross proceeds of $3,500,000. The Series A investors also were issued 7,000,000 10-year warrants exercisable at $0.50 per share (the “Warrants”).  For more information see here.