USA: Amerigon Announces Completion of $12.5 Million Private Placement of Common Shares
Amerigon Incorporated (Nasdaq: ARGNA) today announced that it has closed the sale of an aggregate of 2.5 million restricted shares of its Common Stock in a private placement to selected institutional and other accredited investors, resulting in gross proceeds to the Company of approximate $12.5 million. Roth Capital Partners, Inc., of Newport Beach, CA represented the Company as placement agent in the private transaction. A registration statement relating to these securities is expected to be filed with the Securities and Exchange Commission as soon as reasonably practical, but in any event in no more than 90 days.
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