Digital Angel secures $5m equity facility from Yorkville
13 July, 2009
category: RFID
Digital Angel (DA), a technology development company that specializes in animal identification and emergency identification technologies, has announced that they have entered into a Standby Equity Distribution Agreement with investment manager Yorkville Advisors. The SEDA, which is valued at $5 million, will be spread about the company to cover working capital, capital expenditures, repayment of debt and various other needs.