Socius Capital Invests in Hythiam
November 19, 2010- Share:
A group of investors, which includes Socius Capital Group, has provided Hythiam (OTC: HYTM) with $6.9 million of development capital. In exchange, the investors received 100 million shares of common stock, each priced at $0.01, and senior secured convertible debentures. Hythiam provides specialized behavioral health management services and was financially advised by Rodman & Renshaw and Griffin Securities on the transaction.
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