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Published on 2/19/2009 in the Prospect News PIPE Daily.

Blackhawk names agents for $35 million offering

By Devika Patel

Knoxville, Tenn., Feb. 19 - Blackhawk Capital Group BDC, Inc. said it plans to raise up to $35 million in a private placement.

The company also said that EquitySmith, Inc. will be the agent for $25 million. Blackhawk signed an agreement with EquitySmith on Feb. 13. The agreement will run through March 17.

Blackhawk also said it signed an agent agreement with EquitySmith and John W. Loofbourrow Associates, Inc. on Jan. 16, under which the two agents agreed to help the company raise up to $10 million. That agreement also runs through March 17.

Blackhawk is a New York-based business development company.


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