BioForce Nanosciences Closes $300K Convertible Debt Financing

Jun 11, 2008

NEW YORK (GenomeWeb News) – BioForce Nanosciences said today that it has closed a $300,000 convertible debt financing from its largest shareholder.

The Ames, Iowa-based company said the investment involved issuing $300,000 of convertible secured promissory notes, which are convertible into shares of the firm’s common stock at $.30 per share, and the issuance of 900,000 warrants for the company’s common stock at $.30 per share.

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