falconstor software inc (FALC:NASDAQ GM)
Transactions by FALCONSTOR SOFTWARE INC (FALC) in the last 6 months
An unknown buyer entered into an agreement to acquire an unknown stake in Tianjin Zhongke Blue Whale Technologies Co., Ltd. from Falconstor Software Inc. (NasdaqGM:FALC) for $3 million on August 7, 2013. The transaction is subject satisfaction of certain closing conditions, including the approvals of Chinese government agencies.
Falconstor Software Inc. (NasdaqGM:FALC) announced that it intends to receive a minimum of $7,000,000 and maximum of $15,000,000 on August 5, 2013. The company will issue redeemable convertible preferred stock in the transaction. The company signed a term sheet for the transaction with new investor Hale Capital Partners, LP, a fund managed by Hale Capital Partners. The purchase price of the securities to be issued will be the lesser of the volume weighted average price ...
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