Clone Algo Technologies Inc. (OTCPK:CATI) announced a private placement of 200,000 common shares at $12.50 per share for gross proceeds of $2,500,000 on October 15, 2014. The transaction included participation from 10 foreign accredited investors. The company issued securities pursuant to exemption provided under Regulation D and/or Regulation S promulgated under the Securities Act.
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- Clone Algo Technologies Inc. announced that it has received $2.5 million in funding.