Aura Systems Inc

Entity type image
Type: Company
Name: Aura Systems Inc
First reported May 16 2013 - Updated May 16 2013 - 1 reports

Aura Reports Closes on Financing and Conversion of Demand Notes into Secured Convertible Notes

Aura Systems, Inc. announced that it closed on $2,395,700 financing which consisted of the conversion of $1,645,700 of previously issued demand notes plus accrued interest and $750,000 of new funds. In a release on May 10, the Company noted that the financing ... [Published Individual.com - May 16 2013]
First reported May 13 2013 - Updated May 13 2013 - 1 reports

Aura announces closure of USD2.4m financing and conversion of demand notes

3 minutes ago, 4:48am (ET) 05/13/2013 M2Aura Systems Inc (OTCBB:AUSI), a technology company, disclosed on Friday. that it has closed on financing of USD2.4m that comprises of the conversion of USD1.6m of demand notes, issued earlier together with accrued ... [Published Zecco - May 13 2013]
First reported May 10 2013 - Updated May 10 2013 - 1 reports

True Religion to Be Acquired by TowerBrook Capital Partners

VERNON, Calif. - (BUSINESS WIRE) - True Religion Apparel, Inc. (Nasdaq: TRLG) today announced that it has entered into a definitive merger agreement with TowerBrook Capital Partners L.P. ("TowerBrook" ), the New York and London-based investment management ... [Published NewsBlaze - May 10 2013]
First reported May 10 2013 - Updated May 10 2013 - 1 reports

Enterprise Mobile Content Management Subscribers to Exceed 110 million by 2018, Says ABI Research

SCOTTSDALE, Ariz. - (BUSINESS WIRE) - ABI Research predicts subscribers of enterprise mobile content management (MCM) solutions will grow at double-digit rates to over 110 million by 2018. Smartphone subscribers of MCM will grow at a modest 12% YoY whereas ... [Published NewsBlaze - May 10 2013]
First reported May 10 2013 - Updated May 10 2013 - 1 reports

Elliott Statement on Hess Announcement Regarding Separation of Chairman and CEO Positions

NEW YORK - (BUSINESS WIRE) - Elliott Management Corporation ("Elliott" ), one of the largest shareholders of Hess Corporation (NYSE: HES), today issued the following statement on the Hess announcement regarding separation of the chairman and chief executive ... [Published NewsBlaze - May 10 2013]
First reported May 10 2013 - Updated May 10 2013 - 1 reports

Farient Advisors to Provide Daily Say-on-Pay Vote Results

LOS ANGELES - (BUSINESS WIRE) - Farient Advisors LLC - an independent executive compensation and performance advisory firm and recognized thought leader in pay-for-performance alignment - announces the launch of the Farient Pay Tracker: http://www.fa ... [Published NewsBlaze - May 10 2013]
First reported May 10 2013 - Updated May 10 2013 - 1 reports

Aura Completes the Initial Closing of a Financing and Conversion of Demand Notes into Secured Convertible Notes

EL SEGUNDO, Calif. - (BUSINESS WIRE) - Aura Systems, Inc. (OTCBB:AUSI) announced today that it closed on $2,395,700 financing which consisted of the conversion of $1,645,700 of previously issued demand notes plus accrued interest and $750,000 of new ... [Published NewsBlaze - May 10 2013]
First reported May 06 2013 - Updated May 07 2013 - 1 reports

Breakthrough Therapy Designation from the U.S. Food and Drug Administration Granted to Investigational HCV Regimen Conta

WATERTOWN, Mass. - (BUSINESS WIRE) - Enanta Pharmaceuticals, Inc., (NASDAQ: ENTA), a research and development-focused biotechnology company dedicated to creating small molecule drugs in the infectious disease field, today announced that AbbVie's investigational ... [Published NewsBlaze - May 06 2013]
First reported May 06 2013 - Updated May 06 2013 - 1 reports

Honghua Group Showcases Shale Gas, Offshore and Land Drilling Solutions at the 2013 Offshore Technology Conference

HOUSTON - (BUSINESS WIRE) - Honghua Group Limited, the largest exporter of drilling rigs in China, will demonstrate its solutions for shale gas exploration, offshore platform construction and land drilling at Booth 5621 at the 2013 Offshore Technology ... [Published NewsBlaze - May 06 2013]

Quotes

Melvin Gagerman, Aura's CEO said, "We have retained an investment banker to help with our long term strategic planning and financial needs. The funds from this raise as well as other future planned initiatives, if completed, will provide the required capital to complete our management transition and provide the required financial resources to execute on our business plan for the current fiscal year and beyond."
...and theft, placing a higher need on mobile content security and protection," said Jason McNicol, senior analyst for enterprise at ABI Research. "This threat is driving enterprises to add a mobile content management solution to the enterprise's overall mobile strategy."
"A resolution to split the Chairman & CEO roles at Hess is on this year's proxy. Hess's announcement today is not a concession or step on the part of the Company, rather it is a reaction to the shareholder vote currently underway. It is significant to note that Hess's Board recommended against this split only a few weeks ago."
Seth Johnson, Lead Director of True Religion said, "After a thorough review of strategic alternatives to enhance shareholder value, we are pleased to reach this agreement, which provides our shareholders with immediate and substantial cash value representing a significant premium. The Special Committee has engaged in a thorough review of the state of the business, its outlook and opportunities. Having considered alternatives over a seven month period, the Special Committee believes TowerBrook's $32.00 per share cash offer for the Company is in the best interest of our shareholders."

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All (44) | News (13) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (0) | Press Releases (31)
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Aura Reports Closes on Financing and Conversion... [Published Individual.com - May 16 2013]
Aura announces closure of USD2.4m financing and... [Published Zecco - May 13 2013]
Enterprise Mobile Content Management Subscriber... [Published NewsBlaze - May 10 2013]
Elliott Statement on Hess Announcement Regardin... [Published NewsBlaze - May 10 2013]
Farient Advisors to Provide Daily Say-on-Pay Vo... [Published NewsBlaze - May 10 2013]
True Religion to Be Acquired by TowerBrook Capi... [Published NewsBlaze - May 10 2013]
Aura Completes the Initial Closing of a Financi... [Published NewsBlaze - May 10 2013]
Agiliance Shortlisted for Two American Business... [Published NewsBlaze - May 10 2013]
Aura Completes the Initial Closing of a Financi... [Published Business Wire - May 10 2013]
Aura Completes the Initial Closing of a Financi... [Published EON Transportation - May 10 2013]
Aura Completes the Initial Closing of a Financi... [Published EON Energy - May 10 2013]
Aura Completes the Initial Closing of a Financi... [Published EON Manufacturing - May 10 2013]
Aura Completes the Initial Closing of a Financi... [Published EON Business - May 10 2013]
Aura Completes the Initial Closing of a Financi... [Published EON: Enhanced Online News - May 10 2013]
Aura Completes the Initial Closing of a Financi... [Published Business Wire Technology News - May 10 2013]
Aura Completes the Initial Closing of a Financi... [Published Business Wire Defense News - May 10 2013]
QAD Opens Explore 2013 Global Customer Conferen... [Published NewsBlaze - May 06 2013]
Honghua Group Showcases Shale Gas, Offshore and... [Published NewsBlaze - May 06 2013]
Breakthrough Therapy Designation from the U.S. ... [Published NewsBlaze - May 06 2013]
Aura Reduces the Fully Diluted Number of Common... [Published EON Transportation - May 06 2013]
Aura Reduces the Fully Diluted Number of Common... [Published EON Energy - May 06 2013]
Aura Reduces the Fully Diluted Number of Common... [Published EON Business - May 06 2013]
Aura Reduces the Fully Diluted Number of Common... [Published EON: Enhanced Online News - May 06 2013]
Aura Reduces the Fully Diluted Number of Common... [Published Business Wire Technology News - May 06 2013]
Cyclone Power Technologies Files Annual Report ... [Published ADVFN Australia - Apr 16 2013]
Cyclone Power Technologies Files Annual Report ... [Published Scottrade - Apr 16 2013]
Aura Completes Repayment in Cash of the $3.6 Mi... [Published EON Energy - Apr 01 2013]
Aura Completes Repayment in Cash of the $3.6 Mi... [Published EON Transportation - Apr 01 2013]
Aura Completes Repayment in Cash of the $3.6 Mi... [Published EON Manufacturing - Apr 01 2013]
Aura Completes Repayment in Cash of the $3.6 Mi... [Published EON Business - Apr 01 2013]
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Aura Completes the Initial Closing of a Financi... [Published Business Wire - May 10 2013]
Aura Completes the Initial Closing of a Financi... [Published EON Transportation - May 10 2013]
Aura Completes the Initial Closing of a Financi... [Published EON Energy - May 10 2013]
Aura Completes the Initial Closing of a Financi... [Published EON Manufacturing - May 10 2013]
Aura Completes the Initial Closing of a Financi... [Published EON Business - May 10 2013]
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