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Rodman & Renshaw Capital Group, the most active placement agent in nine out of the last 10 years, is raising $100 million in a private placement of non-convertible debt and warrants of ZaZa Energy Corp. (ZAZA) to fund the oil and gas company's expansion of drilling in the Eagle Ford and Eaglebine plays in Texas and the Paris Basin in France. More
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Three special purpose acquisition companies, two based in and focused on Latin America, are hoping to price initial public offerings worth a total of $170 million in the next two weeks. More
The shell company Organic Spice Imports (ORSI) has been sold for $295,000 in a deal that's likely to lead to a reverse merger with digital-media technology company X-Factor Communications. More
Marshall Edwards (MSHL), a development-stage maker of cancer drugs, is hoping to raise up to $8 million in a rights offering to fund research on its two lead drug candidates. More
Sun River Energy (SNRV), a PIPE issuer being investigated for alleged stock manipulation, is suing one of its major shareholders to take back $4 million in alleged short-swing profits. More
A U.S. House panel passed a bill that would ease regulations for small companies looking to go public, including providing exemptions from some provisions of the Sarbanes-Oxley Act. More
Alexza Pharmaceuticals (ALXA), a developer of drugs to treat schizophrenia and bipolar disorder, raised $22 million in a confidentially marketed public offering to fund clinical trials, research and development and other expenses. More
A U.S. District Court in Chicago entered a default judgment against Daniel Burns, the former chairman of PIPE issuer CytoCore Inc. More
Citadel Securities is arranging a $30 million at-the-market offering facility for Maxwell Technologies (MXWL), a developer, manufacturer and marketer of energy storage and power delivery products for industries including automotive, heavy transportation and renewable energy. More
The annual rush to complete reverse mergers before a financial-disclosure deadline resulted in 10 deals being filed in the week leading up to Feb. 13.
But, while the volume was heavy compared to recent months, the 10-transaction total pales in comparison to past years' for the same period. More
Energy industry equipment maker PMFG Inc. (PMFG) raised $41.6 million by selling 2.6 million shares at a 23.8% discount. More
Business development companies targeting private technology stocks are raising money following a spike in their shares on news of the Facebook Inc. initial public offering. More
Hedge fund manager John Paulson is facing a lawsuit from an investor, alleging that he failed to do enough due diligence before investing in Chinese timber harvester Sino-Forest Corp. More
Houlihan Lokey Howard & Zukin arranged a $34.8 million private placement of common stock and warrants of Vitacost.com Inc. (VITC) to fund the Internet seller of discount vitamins and health supplements' construction of a new distribution center. More
Some mid-sized investment advisers based in New York may be caught unaware by a looming requirement to register with the Securities and Exchange Commission. More
China Valves Technology (CVVT), a Zhengzhou, China-based developer of flow management products, said in a Securities and Exchange Commission filing that some of its recent financial statements should no longer be relied upon. More
Unigold (UGDIF), a Canadian gold exploration company with assets in the Dominican Republic, is raising an upsized $10.4 million from a bought-deal private placement of common stock and warrants to fund its exploration budget. More
Derivative- and commodity-focused electronic brokerage firm BGC Partners (BGCP) has sold about 77.5% of the stock in an at-the-market offering first announced back in September. More
Zizzaz LLC, a maker of energy and vitamin drinks, went public through a reverse merger with a shell company and raised $350,000 in a private placement of convertible notes. More
BNCCORP Inc. (BNCC), a holding company for banks in North Dakota, Minnesota and Arizona, is raising $17 million in a private placement of common stock priced at a 63% discount to pay accrued dividends and interest on its preferred stock and trust preferred securities. More
The Securities and Exchange Commission has halted trading in cMoney Inc. (CMEY), a software company focused on mobile payments. More
