{"id":114,"date":"2008-01-17T07:59:20","date_gmt":"2008-01-17T07:59:20","guid":{"rendered":"https:\/\/palladiumcapital.com\/wp-padium\/?p=114"},"modified":"2013-08-04T02:59:12","modified_gmt":"2013-08-04T02:59:12","slug":"surfect-raises-3-9-million-through-private-placement","status":"publish","type":"post","link":"https:\/\/www.palladiumcapital.com\/surfect-raises-3-9-million-through-private-placement\/","title":{"rendered":"Surfect Raises $3.9 million Through Private Placement"},"content":{"rendered":"<p><a href=\"https:\/\/palladiumcapital.com\/wp-content\/uploads\/2013\/07\/tomb_surfect.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\" wp-image-430 alignleft\" alt=\"tomb_surfect\" src=\"https:\/\/palladiumcapital.com\/wp-content\/uploads\/2013\/07\/tomb_surfect.jpg\" width=\"158\" height=\"181\" srcset=\"https:\/\/www.palladiumcapital.com\/wp-content\/uploads\/2013\/07\/tomb_surfect.jpg 546w, https:\/\/www.palladiumcapital.com\/wp-content\/uploads\/2013\/07\/tomb_surfect-260x300.jpg 260w\" sizes=\"(max-width: 158px) 100vw, 158px\" \/><\/a>Surfect Holdings, Inc. a developer of automated electroplating tools and packaging technology for the solar and semiconductor industries announced that it has successfully raised an aggregate of $3.9 million of gross proceeds (including $1.1 million of indebtedness that was converted in the offering) in a private placement offering of an aggregate of 106.6 million shares of common stock, and five-year warrants to purchase an aggregate of 110.7 million shares of common stock at an exercise price of $0.08 per share. Westminster Securities Corporation and Palladium Capital Advisors acted as co-placement agents. The Company intends to use the net proceeds from this financing for general corporate purposes.<\/p>\n<p>Following the offering, the Company has approximately 123.5 million shares of common stock and warrants to purchase approximately 112.5 million shares of common stock outstanding. \u201cThis financing provides the growth capital necessary to help Surfect reach the next stage as developer of innovative technology and solutions for solar and smart power applications,\u201d said Steve Anderson, Surfect\u2019s CEO<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Surfect Holdings, Inc. a developer of automated electroplating tools and packaging technology for the solar and semiconductor industries announced that it has successfully raised an aggregate of $3.9 million of gross proceeds (including $1.1 million of indebtedness that was converted in the offering) in a private placement offering of an aggregate of 106.6 million shares [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/posts\/114"}],"collection":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/comments?post=114"}],"version-history":[{"count":0,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/posts\/114\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/media?parent=114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/categories?post=114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/tags?post=114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}