Cyan Announces Pricing of $50.0 Million Offering of Convertible Senior Secured Notes and Warrants to Purchase Common Stock

Australia Today
Print
PETALUMA, Calif.--(BUSINESS WIRE)--Cyan, Inc. (NYSE:CYNI) today announced the pricing of $50.0 million aggregate principal amount of its 8.0% Convertible Senior Secured Notes due 2019 and related warrants to purchase 11.25 million shares of the Company’s common stock to be issued to qualified institutional buyers and accredited investors pursuant to Regulation D under the Securities Act of 1933, as amended (the “Securities Act”). In connection with this offering, the Company has the option to i

imageimage
image

Read more