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Stock Market & Financial Investment News

News Breaks
March 27, 2014
14:13 EDTFULLFull Circle Capital says warrants for Advanced Cannabis haven't been exercised
Full Circle Capital, in response to numerous investor inquiries, issued a statement on the trading halt of Advanced Cannabis Solutions, a portfolio holding of Full Circle: "Full Circle Capital Corp. entered into a purchase agreement with Advanced Cannabis Solutions, Inc. to fund $30.0M of senior secured convertible notes in January 2014. In conjunction with the closing of this agreement, Full Circle Capital purchased for $500,000 warrants to purchase 1.0M shares of currently unregistered common stock of American Cannabis stock at a $5.50 per share exercise price. To date, these warrants have not been exercised, transferred or sold. Further, none of the senior secured convertible notes have been funded and Full Circle Capital retains the contractual right to fund these notes at its sole and absolute discretion."
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July 14, 2014
09:16 EDTFULLFull Circle Capital prices notes and common stock
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