On October 20, 2014, Dataram Corporation (the “Company”) and certain
investors entered into a securities purchase agreement (the “Purchase
Agreement”), pursuant to which the Company agreed to sell up to an
aggregate of 1,300,000 shares of its Series A Preferred Stock (the
“Series A Stock”) together with warrants to purchase shares of common
stock, to such investors at a price of $5.00 per share (the “Preferred
The sale of the Series A Stock will take place in multiple tranches.
for Dataram Announces Sale of up to $6.5 Million Series A Preferred Stock and Set New Shareholders Meeting Date investment picks