Mad Catz® Announces $3.7 Million Registered Direct Offering
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Mad Catz (MCZ) Enters 8.98M Common, 4.49M Warrants Direct Offering
March 25, 2015 8:04 AM EDTMad Catz (NYSE: MCZ) has entered into a securities purchase agreement with certain institutional investors to sell 8,980,773 shares of its common stock and warrants to purchase up to 4,490,387 shares of its common stock. The securities will be sold in units at a price of $0.41 per unit, with each unit consisting of one share of common stock and a warrant to purchase 0.5 shares of common stock at an exercise price of $0.61 per whole share. The... More
