SAN DIEGO--(BUSINESS WIRE)--Mad Catz Interactive, Inc. (“Mad Catz” or the “Company”) (NYSE MKT/TSX: MCZ), announced today that it has entered into a securities purchase agreement with certain institutional investors to sell 8,980,773 shares of its common stock and warrants to purchase up to 4,490,387 shares of its common stock. The securities will be sold in units at a price of $0.41 per unit, with each unit consisting of one share of common stock and a warrant to purchase 0.5 shares of common