GlobalWise Investments, Inc. (GWIV) Completes $3.0 Million Private Placement
GlobalWise announced after the closing bell yesterday that the company has entered into a securities purchase agreement, involving the sale of its common stock and the exchange of previously issued convertible promissory notes, for a total of $3.0 million. On February 28, 2013, GlobalWise, a leading-edge technology company focused on the design, implementation, and management of cloud-based Enterprise Content Management (“ECM”) systems in both the public and private sectors, entered into a securities purchase agreement with certain accredited investors. The agreement resulted in the sale of 15,000,000 shares of the company’s common stock, par value $0.001 per share, at a…